Rating on Chipotle Mexican Grill (NYSE:CMG) is Set to Market Perform. Its Keeps by Wells Fargo with $405 Target.

June 29, 2018 - By Charla Downs

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 increased. 97 grew stakes while 68 funds amassed stakes. Funds hold 23.61 million shares thus 4.13% more from 2017Q4’s 22.67 million shares.

Cibc World reported 0% stake. Rmb Mgmt Limited Company invested in 8,673 shs. Calamos Advisors Llc accumulated 5,989 shs. Hanson Mcclain Inc stated it has 0% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Markel holds 0.11% or 17,500 shs in its capital. 3,158 were accumulated by Tokio Marine Asset Management. Arrow accumulated 0% or 50 shs. Ftb Advisors reported 3 shs or 0% of all its holdings. Parametric Portfolio Associate Ltd Liability Corp holds 0.01% or 31,863 shs. 686 are owned by Cutter Communication Brokerage. Everence reported 0.06% stake. Fernwood Inv Mgmt Ltd Company owns 0.14% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 785 shs. Exchange Cap Management, a Michigan-based fund reported 20 shs. Cwm Ltd Liability Co holds 0% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 8 shs. California-based Perigon Wealth Ltd Liability has invested 0% in Chipotle Mexican Grill, Inc. (NYSE:CMG).

Chipotle Mexican Grill, Inc. registered $1.10 million net activity with 2 insider buys and 0 sales since February 15, 2018. $145,440 worth of stock was bought by CAPPUCCIO PAUL T on Thursday, February 15.

Reiterated Chipotle Mexican Grill (NYSE:CMG) Rating.

Chipotle Mexican Grill (NYSE:CMG)‘s stock Market Perform rating was maintained by Analysts at Wells Fargo on Thursday, 28 June. The broker’s Investment analysts have a $405 target price and gives a potential downside of -6.58 % on the stock.

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

A total of 28 analysts rate Chipotle (NYSE:CMG) as follows: 7 “Buy”, 18 “Hold” and 3 “Sell”. Тherefore 25% are bullish. (NYSE:CMG) has 63 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Tuesday, April 17 the firm has “Buy” rating by Robert W. Baird given. The company rating was maintained by Robert W. Baird on Tuesday, February 13. On Thursday, June 28 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Equal-Weight” rating given by Morgan Stanley. On Tuesday, January 30 the rating was maintained by Wells Fargo with “Market Perform”. On Wednesday, February 14 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Sell” rating given by UBS. On Wednesday, February 7 the rating was maintained by Canaccord Genuity with “Hold”. On Thursday, June 28 the rating was maintained by Wells Fargo with “Market Perform”. On Tuesday, February 20 the company was upgraded by Stifel Nicolaus. On Tuesday, February 27 the rating was upgraded by Robert W. Baird to “Outperform”. On Thursday, May 31 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Buy” rating by Robert W. Baird.

CMG is hitting $433.54 during the last trading session, after increased 1.21%.Currently Chipotle Mexican Grill, Inc. is downtrending after 10.89% change in last June 29, 2017. CMG has 517,404 shares volume. CMG underperformed the S&P 500 by 23.46%.

Chipotle Mexican Grill, Inc. (NYSE:CMG)’s earnings report is expected by WallStreet on July, 24, according to Zacks. Last year’s earnings per share was $2.32, while now analysts expect change of 15.09 % up from current $2.67 earnings per share. If $2.67 is reported, CMG’s profit will reach $74.21 million for 40.59 P/E. After $2.13 EPS report previous quarter, Wall Street now predicts 25.35 % EPS growth of Chipotle Mexican Grill, Inc..

Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants.The firm is worth $12.05 billion. 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.64.79 is the P/E ratio.

For more Chipotle Mexican Grill, Inc. (NYSE:CMG) news released briefly go to: Seekingalpha.com, Globenewswire.com, Seekingalpha.com, Benzinga.com or Streetinsider.com. The titles are as follows: “Chipotle to take $115M-$135M charge for store closings in restructure” released on June 27, 2018, “Research Report Identifies Six Flags Entertainment Corporation New, AVEO Pharmaceuticals, Chipotle Mexican Grill …” on June 26, 2018, “Chipotle Is Not Done Rallying” with a publish date: June 04, 2018, “Investors Might Be Worried by Trade Issues With Europe, China” and the last “Chipotle Mexican Grill (CMG) PT Lowered to $340 at BofA/Merrill Lynch” with publication date: June 28, 2018.

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

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