Rating on Chipotle Mexican Grill (NYSE:CMG) is Underperform. Its Reconfirms by Bank of America with $350 Target.

June 27, 2018 - By Cynthia Ashman

Chipotle Mexican Grill, Inc. (NYSE:CMG) Corporate Logo

During 2018 Q1 the big money sentiment increased to 0.85. That’s change of 0.17, from 2017Q4’s 0.68. 53 investors sold all, 140 reduced holdings as Chipotle Mexican Grill, Inc. ratio is positive. 97 grew positions while 68 funds bought positions. Funds hold 23.61 million shares thus 4.13% more from 2017Q4’s 22.67 million shares.

Employees Retirement Sys Of Texas stated it has 1,700 shs. Advantus Cap has invested 0.02% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Tocqueville Asset Mgmt Lp has 41,251 shs for 0.17% of their capital. State Street invested in 998,184 shs. Bartlett And Ltd owns 331 shs. Waddell And Reed Financial accumulated 0.36% or 484,334 shs. Stonebridge Capital Advsrs Ltd Liability Corporation has 13,195 shs for 0.98% of their capital. Vident Invest Advisory Limited Co invested 0.03% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG). Point72 Asset Mgmt Ltd Partnership accumulated 27,067 shs. Commonwealth Of Pennsylvania Pub School Empls Retrmt holds 2,199 shs. Natl Bank Of Montreal Can owns 19,438 shs or 0.01% of their US capital. Panagora Asset Management reported 2,171 shs. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt reported 11,000 shs. Kazazian Asset Mngmt Ltd Liability owns 1,536 shs. Nomura Hldgs holds 47,613 shs.

Chipotle Mexican Grill, Inc. had 0 selling transactions and 2 buys since February 15, 2018. This’s net activity of $1.10 million. The insider CAPPUCCIO PAUL T bought 500 shs worth $145,440.

Reiterated Chipotle Mexican Grill (NYSE:CMG) Rating.

On Tuesday, 26 June Bank of America have a $350 target on Chipotle Mexican Grill (NYSE:CMG). A downside potential of -23.74 % have this target. The $12.76B market cap company have Underperform stock rating revealed in a note.

Chipotle Mexican Grill, Inc. (NYSE:CMG) Ratings Coverage

In total 27 analysts cover Chipotle (NYSE:CMG). “Buy” rating has 7, “Sell” are 3, while 17 are “Hold”. 26% are bullish. 60 are the (NYSE:CMG)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. The company rating was maintained by Credit Suisse on Wednesday, February 14. On Friday, January 19 the rating was upgraded by Raymond James to “Hold”. On Tuesday, February 6 the firm has “Buy” rating given by SunTrust. On Thursday, April 26 Guggenheim upgraded the shares of CMG in report to “Neutral” rating. In Tuesday, April 17 report RBC Capital Markets maintained it with “Hold” rating and $34000 target. On Thursday, May 31 the firm has “Buy” rating given by Robert W. Baird. The stock rating was maintained by JP Morgan with “Neutral” on Thursday, April 26. On Tuesday, February 6 Robert W. Baird maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) rating. Robert W. Baird has “Hold” rating and $295.0 target. On Thursday, April 26 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Buy” rating by BTIG Research. On Wednesday, April 25 the company was maintained by BMO Capital Markets.

CMG is touching $458.953 during the last trading session, after decreased 0.59%.Currently Chipotle Mexican Grill, Inc. is downtrending after 10.89% change in last June 27, 2017. CMG has also 339,028 shares volume. CMG underperformed by 23.46% the S&P500.

On July, 24 WallStreet expected Chipotle Mexican Grill, Inc. (NYSE:CMG)’s earnings report, according to RTT. EPS of $2.67 is 15.09 % up from 2017’s $2.32 EPS. If reported the P/E will be 42.97 with $74.21 million profit. Wall Street now forecasts 25.35 % EPS growth despite Chipotle Mexican Grill, Inc. last quarter’s EPS of $2.13.

Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants.The company has $12.76 billion market cap. As of December 31, 2017, it operated 2,363 Chipotle restaurants throughout the United States, as well as 37 international Chipotle restaurants; and 8 non-Chipotle restaurants.68.59 is the P/E ratio.

For more Chipotle Mexican Grill, Inc. (NYSE:CMG) news brought out recently go to: Bizjournals.com, Nasdaq.com, Schaeffersresearch.com, Seekingalpha.com or Fool.com. The titles are as follows: “Chipotle signs deal with eSports gaming group” brought out on June 01, 2018, “Chipotle New Menu Items 2018: Milkshakes, Avocado Tostada & More” on June 22, 2018, “Dow Soars With Oil Prices” with a publish date: June 22, 2018, “Chipotle: Turnaround Is Fully Priced In” and the last “Quesadillas and Milkshakes Are Filled With Risk for Chipotle” with publication date: June 26, 2018.

Chipotle Mexican Grill, Inc. (NYSE:CMG) Institutional Investors Chart

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