Chipotle stock pro recommendation free#

The average price target is 1,800.71 with a high forecast. Other analysts have also been raising their targets ahead of the earnings report. Based on 24 Wall Street analysts offering 12 month price targets for Chipotle in the last 3 months. The shares jumped 72% in the past 12 months and have gained 7.5% year to date. She thinks that the shares deserve a premium, given the chain’s growth despite difficult conditions in the industry, especially given a “lack of equivalent investment options.”Ĭhipotle was up 0.8% to $1,491.08 in afternoon trading. Yet it is roughly in line with its average over the past three years. Create real-time notifications to follow any changes in the live stock. Chipotle Mexican current analysts advice Target Median Price, 1,800.00 Target High Price, 2,500.00 Recommendation Mean, 1.90 Number Of Analyst Opinions, 29.

Regan wrote that her target reflects a price-to-earnings multiple of 68 times, which is higher than the mean of 52 times since its 2006 initial public offering. View todays Chipotle Mexican Grill Inc stock price and latest CMG news and analysis.

Valuation has been one of the biggest knocks against the stock throughout its rally. The chain continues to open stores and increase sales at those already operating. While the shares have done well, Regan said Chipotle is still in a recovery phase, so it isn’t too much of a stretch to think that still more upside can exist. “Chipotle is our highest conviction recommendation for the New Year based on confidence that the company has the human capital, operational capabilities, and technological tools to carry out its long-term growth strategy,” she wrote. Still, she is upbeat about the longer-term potential for the stock. The gain comes despite Chipotle announcing price hikes in the middle of the. io fortnite accounts atshop fortnite accounts.

Chipotle stock pro recommendation free#

A resurgence in Covid-19 in late 2020 was a headwind for many retailers and restaurants, and Regan warned that “while Chipotle is resilient, it is not immune.” Chipotle Mexican Grills stock (NYSE: CMG), has gained 30 since the end of 2020. For Every 10 Positive Feedback, You Earn 1 Free Item Price Free Item. Based on our forecasts, a long-term increase is expected, the CMG stock price prognosis. She expects comparable sales rose by 6% in the fourth quarter and that they will rise 10% in the current fiscal first quarter, about in line with consensus expectations. Chipotle Mexican Grill quote is equal to 1747.940 USD at. including AAPL earnings per share estimates and analyst recommendations. Learn more on CMG's analyst rating history. CMG shares have moved lower in the immediate aftermath of earnings 7 out of 12 previous.

That said, she doesn’t think that the report itself will be a blowout. ILUS Stock Price Forecast: Why ILUS Stock Go Up What Kind of Company Is ILUS. The average twelve-month price prediction for Chipotle Mexican Grill is 1,837.55 with a high price target of 2,500.00 and a low price target of 1,400.00. Chipotle Mexican Grill Historical Stock Price Reaction to Earnings.