$3109.80
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Chipotle Mexican Grill
(NYSE:CMG)Chipotle Mexican Grill Stock (NYSE:CMG), Analyst Ratings, Price Targets, Predictions
Chipotle Mexican Grill Inc has a consensus price target of $2938.17, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Truist Securities, Morgan Stanley, and Deutsche Bank on April 25, 2024. With an average price target of $3380 between Truist Securities, Morgan Stanley, and Deutsche Bank, there's an implied 8.69% upside for Chipotle Mexican Grill Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Truist Securities
Morgan Stanley
Deutsche Bank
Keybanc
BMO Capital
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Chipotle Mexican Grill
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 10.62% | Truist Securities | Joel Fishbein | $3250 → $3440 | Maintains | Buy | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | -0.32% | Morgan Stanley | Brian Harbour | $2986 → $3100 | Maintains | Equal-Weight | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 15.76% | Deutsche Bank | Lauren Silberman | $3400 → $3600 | Maintains | Buy | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 9.33% | Keybanc | Eric Gonzalez | $3250 → $3400 | Maintains | Overweight | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | -8.35% | BMO Capital | Andrew Strelzik | $2400 → $2850 | Maintains | Market Perform | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 7.72% | BTIG | Peter Saleh | $3250 → $3350 | Maintains | Buy | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | -11.57% | JP Morgan | John Ivankoe | $2500 → $2750 | Maintains | Neutral | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 7.4% | Raymond James | Brian Vaccaro | $3300 → $3340 | Reiterates | Outperform → Outperform | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 12.55% | UBS | Dennis Geiger | $3400 → $3500 | Maintains | Buy | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 15.76% | Evercore ISI Group | David Palmer | $3200 → $3600 | Maintains | Outperform | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 6.12% | Wells Fargo | Zachary Fadem | $3285 → $3300 | Maintains | Overweight | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | -1.28% | Piper Sandler | Brian Mullan | $2442 → $3070 | Maintains | Neutral | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 6.12% | Oppenheimer | Brian Bittner | $2825 → $3300 | Reiterates | Outperform → Outperform | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 2.9% | Wedbush | Nick Setyan | $2850 → $3200 | Maintains | Neutral | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 12.55% | Baird | David Tarantino | $3250 → $3500 | Maintains | Outperform | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | -1.92% | Stephens & Co. | Jim Salera | $3010 → $3050 | Maintains | Equal-Weight | Get Alert |
| 04/25/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 12.55% | TD Cowen | Andrew Charles | $3400 → $3500 | Maintains | Buy | Get Alert |
| 04/18/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | 2.9% | Evercore ISI Group | David Palmer | $2900 → $3200 | Maintains | Outperform | Get Alert |
| 04/16/2024 | CMG | Buy Now | Chipotle Mexican Grill | $3.11K | -13.18% | Jefferies | Andy Barish | $2350 → $2700 | Maintains | Hold | Get Alert |
FAQ
What is the target price for Chipotle Mexican Grill (CMG)?
The latest price target for Chipotle Mexican Grill (NYSE: CMG) was reported by Truist Securities on April 25, 2024. The analyst firm set a price target for $3440.00 expecting CMG to rise to within 12 months (a possible 10.62% upside). 100 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Chipotle Mexican Grill (CMG)?
The latest analyst rating for Chipotle Mexican Grill (NYSE: CMG) was provided by Truist Securities, and Chipotle Mexican Grill maintained their buy rating.
When was the last upgrade for Chipotle Mexican Grill (CMG)?
There is no last upgrade for Chipotle Mexican Grill.
When was the last downgrade for Chipotle Mexican Grill (CMG)?
The last downgrade for Chipotle Mexican Grill Inc happened on December 21, 2023 when Wedbush changed their price target from N/A to $2400 for Chipotle Mexican Grill Inc.
When is the next analyst rating going to be posted or updated for Chipotle Mexican Grill (CMG)?
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 April 25, 2024 so you should expect the next rating to be made available sometime around April 25, 2025.
Is the Analyst Rating Chipotle Mexican Grill (CMG) correct?
While ratings are subjective and will change, the latest Chipotle Mexican Grill (CMG) rating was a maintained with a price target of $3250.00 to $3440.00. The current price Chipotle Mexican Grill (CMG) is trading at is $3109.80, which is out of the analyst’s predicted range.
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