Were Analysts Bullish Chipotle Mexican Grill, Inc. (NYSE:CMG) This Week?

July 13, 2018 - By Elizabeth Jones

Chipotle Mexican Grill, Inc. (NYSE:CMG) LogoInvestors sentiment increased to 0.85 in 2018 Q1. Its up 0.17, from 0.68 in 2017Q4. It increased, as 53 investors sold Chipotle Mexican Grill, Inc. shares while 140 reduced holdings. 68 funds opened positions while 97 raised stakes. 23.61 million shares or 4.13% more from 22.67 million shares in 2017Q4 were reported.
Aperio Gru Lc owns 6,704 shares or 0.01% of their US portfolio. Chevy Chase Tru Inc accumulated 21,695 shares. Moreover, Eaton Vance Management has 0.1% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG). 4,997 are owned by Victory Capital Mngmt Incorporated. Moreover, Tide Point Capital Mngmt Lp has 3.63% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG). Robeco Institutional Asset Mngmt Bv stated it has 766 shares. D Scott Neal Inc accumulated 0.02% or 100 shares. Point72 Asia (Hong Kong) Limited holds 262 shares. First Financial Corporation In reported 0.02% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Live Your Vision Limited Liability Company invested in 0% or 4 shares. Jane Street Grp Incorporated Limited Com has 0.04% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG). Financial Bank Of Montreal Can reported 19,438 shares stake. Credit Suisse Ag holds 38,165 shares. Aviva Public Ltd Com owns 12,745 shares. 14,744 were reported by Maple.

Since February 15, 2018, it had 2 insider buys, and 0 sales for $1.10 million activity. Namvar Ali bought 3,000 shares worth $953,100.

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

Among 28 analysts covering Chipotle (NYSE:CMG), 7 have Buy rating, 4 Sell and 17 Hold. Therefore 25% are positive. Chipotle had 62 analyst reports since January 16, 2018 according to SRatingsIntel. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Buy” rating given on Thursday, April 26 by Piper Jaffray. The company was downgraded on Thursday, February 1 by UBS. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Hold” rating given on Tuesday, February 13 by Robert W. Baird. The company was upgraded on Wednesday, May 16 by Argus Research. Credit Suisse maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) rating on Wednesday, February 14. Credit Suisse has “Hold” rating and $275.0 target. Cowen & Co maintained it with “Sell” rating and $240.0 target in Friday, January 19 report. The firm has “Sell” rating by UBS given on Friday, March 9. Morgan Stanley maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) rating on Wednesday, February 7. Morgan Stanley has “Equal-Weight” rating and $312 target. The stock has “Market Perform” rating by Wells Fargo on Thursday, June 28. The firm has “Neutral” rating given on Tuesday, February 20 by Credit Suisse. Below is a list of Chipotle Mexican Grill, Inc. (NYSE:CMG) latest ratings and price target changes.

10/07/2018 Broker: Mizuho Old Rating: Neutral New Rating: Underperform Old Target: $300 New Target: $330 Downgrade
28/06/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $340 New Target: $372 Maintain
28/06/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $325 New Target: $405 Maintain
28/06/2018 Broker: Stephens Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $350 New Target: $425 Maintain
26/06/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperform Old Target: $310 New Target: $350 Maintain
26/06/2018 Broker: UBS Rating: Sell New Target: $300.0000 Maintain
31/05/2018 Broker: Robert W. Baird Rating: Buy New Target: $500.0000 Maintain
16/05/2018 Broker: Argus Research Old Rating: Hold New Rating: Buy Upgrade
27/04/2018 Broker: Maxim Group Old Rating: Buy New Rating: Hold Old Target: $410 Downgrade
25/04/2018 Broker: Jefferies Rating: Hold New Target: $350.0000 Maintain

The stock decreased 0.40% or $1.84 during the last trading session, reaching $457.21. About 349,364 shares traded. Chipotle Mexican Grill, Inc. (NYSE:CMG) has declined 10.89% since July 13, 2017 and is downtrending. It has underperformed by 23.46% the S&P500.

Chipotle Mexican Grill, Inc., together with its subsidiaries, develops and operates Chipotle Mexican Grill restaurants. The company has market cap of $12.71 billion. As of December 31, 2016, the firm operated 2,198 Chipotle restaurants throughout the United States, as well as 29 international Chipotle restaurants; and 23 restaurants with non-Chipotle concepts. It has a 68.33 P/E ratio.

More notable recent Chipotle Mexican Grill, Inc. (NYSE:CMG) news were published by: Seekingalpha.com which released: “Chipotle to take $115M-$135M charge for store closings in restructure” on June 27, 2018, also Benzinga.com with their article: “Reviewing Bill Ackman’s Q1 Trading Activity: Sells Nike and Howard Hughes” published on June 26, 2018, Fool.com published: “Quesadillas and Milkshakes Are Filled With Risk for Chipotle” on June 26, 2018. More interesting news about Chipotle Mexican Grill, Inc. (NYSE:CMG) were released by: Fool.com and their article: “Why There Is No Magic Bullet for Chipotle” published on July 12, 2018 as well as Fool.com‘s news article titled: “Is Chipotle a Risky Hold in Light of Earnings This Month?” with publication date: July 09, 2018.

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

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