On Jun 29, 2018 Wells Fargo Reconfirms Stock “Market Perform” Rating on Chipotle Mexican Grill (NYSE:CMG) and $405 Target.

June 29, 2018 - By Alex Paulin

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

Big Money Sentiment increased to 0.85 in Q1 2018. It has change of 0.17, from 2017Q4’s 0.68. The ratio improved due to Chipotle Mexican Grill, Inc. positioning: 53 sold and 140 reduced. 68 funds amassed stakes and 97 increased stakes. Investors holded 22.67 million in 2017Q4 but now own 23.61 million shares or 4.13% more.

Moreover, Axa has 0.14% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG). Livforsakringsbolaget Skandia Omsesidigt holds 0.07% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 438 shs. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 4,895 shs or 0.01% of the stock. Geode Cap Mgmt Limited Liability Company invested in 266,364 shs or 0.03% of the stock. California State Teachers Retirement Systems owns 40,688 shs. Commonwealth Of Pennsylvania School Empls Retrmt Systems accumulated 2,199 shs. The Washington-based Parametric Port Assoc Limited Liability Corp has invested 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Rampart Inv Mgmt Limited Liability has invested 0.05% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Northwestern Mutual Wealth Management Com invested in 0% or 294 shs. Millennium Management Limited Liability Corporation owns 0% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 5,562 shs. 1,736 are owned by Asset Management. 1,368 were accumulated by Sector Pension Investment Board. Mitsubishi Ufj & Banking has invested 0.03% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Comerica Commercial Bank holds 0.02% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 6,652 shs. Magellan Asset Ltd has 0% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG).

Chipotle Mexican Grill, Inc. had 0 insider sales and 2 insider purchases since February 15, 2018. This’s net activity of $1.10 million. $953,100 worth of stock was bought by Namvar Ali on Thursday, February 22.

Reiterated Chipotle Mexican Grill (NYSE:CMG) Rating.

On Thursday morning Wells Fargo have a $405 TP on Chipotle Mexican Grill (NYSE:CMG). A downside potential of -6.58 % have this TP. The $12.05B MC company have “Market Perform” stock rating revealed to investors in analysts note.

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

In total 28 analysts cover Chipotle (NYSE:CMG). “Buy” rating has 7, “Sell” are 3, while 18 are “Hold”. (NYSE:CMG) has 25% bullish analysts. 63 are the (NYSE:CMG)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Tuesday, February 6 SunTrust maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) with “Buy” rating. On Tuesday, February 6 Robert W. Baird maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) with “Hold” rating. On Thursday, April 26 Barclays Capital maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) rating. Barclays Capital has “Equal-Weight” rating and $320 target. On Wednesday, April 25 Jefferies maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) with “Hold” rating. In Thursday, March 15 report Piper Jaffray maintained it with “Buy” rating and $355.0 target. On Wednesday, February 14 the firm earned “Hold” rating by Credit Suisse. On Thursday, June 28 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Equal-Weight” rating by Morgan Stanley. On Wednesday, February 7 the rating was maintained by Canaccord Genuity with “Hold”. On Tuesday, February 27 the rating was upgraded by Robert W. Baird to “Outperform”. On Wednesday, February 7 the firm earned “Sell” rating by UBS.

The stock increased 1.21% or $5.18 during the last trading session, reaching $433.54.Chipotle Mexican Grill, Inc. has volume of 517,404 shares. Since June 29, 2017 CMG has declined 10.89% and is downtrending. The stock underperformed the S&P500 by 23.46%.

On July, 24. Investors wait Chipotle Mexican Grill, Inc. (NYSE:CMG) to publish its quarterly earnings, according to Zacks. earnings per share of $2.67 is 15.09 % up from 2017’s $2.32 EPS. If reported the P/E will be 40.59 with $74.21 million profit. Analysts at Wall Street see Chipotle Mexican Grill, Inc.’s 25.35 % EPS growth compared to $2.13 earnings per share for last quarter.

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.The P/E ratio is 64.79.

For more Chipotle Mexican Grill, Inc. (NYSE:CMG) news published briefly go to: Streetinsider.com, Bizjournals.com, Fool.com, Streetinsider.com or Globenewswire.com. The titles are as follows: “Chipotle Mexican Grill (CMG) PT Raised to $372 at Morgan Stanley” published on June 28, 2018, “Chipotle-backed pizza chain closes Cincinnati restaurants” on June 29, 2018, “Quesadillas and Milkshakes Are Filled With Risk for Chipotle” with a publish date: June 26, 2018, “Chipotle Mexican Grill (CMG) PT Lowered to $340 at BofA/Merrill Lynch” and the last “Research Report Identifies Six Flags Entertainment Corporation New, AVEO Pharmaceuticals, Chipotle Mexican Grill …” with publication date: June 26, 2018.

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

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