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Chipotle Mexican Grill

CMGNYSE
Logo brought to you by Benzinga Data
$58.08
1.152.02%
Last update: 10:56 AM
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$3888.00
Lowest Price Target1
$53.00
Consensus Price Target1
$1199.70

Chipotle Mexican Grill (NYSE:CMG) Stock, Analyst Ratings, Price Targets, Forecasts

Chipotle Mexican Grill Inc has a consensus price target of $1199.7 based on the ratings of 28 analysts. The high is $3888 issued by Argus Research on June 18, 2024. The low is $53 issued by Loop Capital on July 25, 2024. The 3 most-recent analyst ratings were released by TD Cowen, Wedbush, and Evercore ISI Group on September 12, 2024, August 29, 2024, and August 14, 2024, respectively. With an average price target of $60.67 between TD Cowen, Wedbush, and Evercore ISI Group, there's an implied 4.45% upside for Chipotle Mexican Grill Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
May
3
3
Jun
6
10
Jul
4
1
Aug
0
0
0
0
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Cowen
Wedbush
Evercore ISI Group
Baird
Stifel

1calculated from analyst ratings

Analyst Ratings for Chipotle Mexican Grill

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Chipotle Mexican Grill (CMG) stock?

A

The latest price target for Chipotle Mexican Grill (NYSE:CMG) was reported by TD Cowen on September 12, 2024. The analyst firm set a price target for $65.00 expecting CMG to rise to within 12 months (a possible 11.91% upside). 100 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Chipotle Mexican Grill (CMG)?

A

The latest analyst rating for Chipotle Mexican Grill (NYSE:CMG) was provided by TD Cowen, and Chipotle Mexican Grill reiterated their buy rating.

Q

When was the last upgrade for Chipotle Mexican Grill (CMG)?

A

The last upgrade for Chipotle Mexican Grill Inc happened on August 14, 2024 when Wedbush raised their price target to $58. Wedbush previously had a neutral for Chipotle Mexican Grill Inc.

Q

When was the last downgrade for Chipotle Mexican Grill (CMG)?

A

There is no last downgrade for Chipotle Mexican Grill.

Q

When is the next analyst rating going to be posted or updated for Chipotle Mexican Grill (CMG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Chipotle Mexican Grill, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Chipotle Mexican Grill was filed on September 12, 2024 so you should expect the next rating to be made available sometime around September 12, 2025.

Q

Is the Analyst Rating Chipotle Mexican Grill (CMG) correct?

A

While ratings are subjective and will change, the latest Chipotle Mexican Grill (CMG) rating was a reiterated with a price target of $65.00 to $65.00. The current price Chipotle Mexican Grill (CMG) is trading at is $58.08, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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