Chipotle Mexican Grill Continues to Make New 52-Week Highs

Chipotle Mexican Grill CMG continues to make new 52-week highs. The Mexican fast food restaurant that focuses on healthy food is up 22.5% year-to-date and has gained 67.7% since March, 2011. The analysts have remained bullish on the stock despite its quick rally that has led to a very high P/E ratio. Last Friday, Piper Jaffray raised its price target on Chipotle from $08 to $425 per share. Chipotle Mexican Grill is currently trading at $413.61, a gain of $2.70 or 0.66%.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!