Chipotle Mexican Grill (NYSE:CMG): Underperform Rating was Reconfirmed by Researchers at Bank of America; with Target of $350.

June 27, 2018 - By Brenda Gibbons

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 positions and 97 increased positions. Investors holded 22.67 million in 2017Q4 but now own 23.61 million shares or 4.13% more.

Daiwa Secs has 1,270 shs for 0% of their capital. Bartlett And Co Limited Liability Corporation stated it has 0% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Veritable Lp owns 817 shs. Twin Tree Mgmt Limited Partnership invested 0.11% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG). Riverhead Mngmt Limited Liability Co stated it has 1,320 shs or 0.02% of all its holdings. Capstone Advsrs, a Illinois-based fund reported 642 shs. Kbc Grp Nv has invested 0.01% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG). Federated Inc Pa holds 0% or 541 shs in its capital. Cim Llc has 15,551 shs for 1.95% of their capital. Canada Pension Plan Investment Board reported 33 shs or 0% of all its holdings. Natixis holds 0.01% or 4,756 shs in its capital. Manufacturers Life Co The has 24,750 shs. 601 are owned by Coatue Management Ltd Liability. Credit Suisse Ag has 0.01% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG). Waddell And Reed Fincl invested 0.36% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG).

Chipotle Mexican Grill, Inc. had 0 selling transactions and 2 buys since February 15, 2018. This’s net activity of $1.10 million. Namvar Ali bought $953,100 worth of stock or 3,000 shs.

Reiterated Chipotle Mexican Grill (NYSE:CMG) Rating.

Bank of America’s Equity research analysts have $350 target price which means downside potential of -23.74 % on Chipotle Mexican Grill (NYSE:CMG). a research report of the firm was shown on Tuesday morning.

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

In total 27 analysts cover Chipotle (NYSE:CMG). “Buy” rating has 7, “Sell” are 3, while 17 are “Hold”. 26% are bullish. 60 are the (NYSE:CMG)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Wednesday, April 25 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Hold” rating given by RBC Capital Markets. On Tuesday, January 30 Nomura maintained the shares of CMG in report with “Neutral” rating. On Wednesday, February 7 the firm has “Equal-Weight” rating given by Morgan Stanley. On Thursday, April 26 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Buy” rating given by Robert W. Baird. On Tuesday, January 16 the firm earned “Hold” rating by Barclays Capital. On Tuesday, February 20 the company was upgraded by Stifel Nicolaus. On Thursday, April 26 the stock has “Market Perform” rating by Cowen & Co. In Wednesday, February 7 report Bank of America maintained the stock with “Underperform” rating. On Thursday, April 26 the firm earned “Sell” rating by UBS. The stock rating was upgraded by Guggenheim to “Neutral” on Thursday, April 26.

Ticker’s shares touched $458.953 during the last trading session after 0.59% change.Currently Chipotle Mexican Grill, Inc. is downtrending after 10.89% change in last June 27, 2017. CMG has also 339,028 shares volume. CMG underperformed the S&P 500 by 23.46%.

Earnings report for Chipotle Mexican Grill, Inc. (NYSE:CMG) is awaited on July, 24., according to RTT. This year’s earnings per share analyst estimate is awaited to be $2.67. That is 15.09 % up compareed to $2.32 earnings per share for last year. If the current earnings per share of $2.67 is accurate, CMG’s profit could reach $74.21 million. After $2.13 earnings per share was announced last quarter, analysts now see EPS growth of 25.35 % for Chipotle Mexican Grill, Inc..

Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants.The firm is valued at $12.76 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.68.59 is the P/E ratio.

For more Chipotle Mexican Grill, Inc. (NYSE:CMG) news released briefly go to: Seekingalpha.com, Benzinga.com, Seekingalpha.com, Schaeffersresearch.com or Bizjournals.com. The titles are as follows: “Chipotle Is Not Done Rallying” released on June 04, 2018, “Reviewing Bill Ackman’s Q1 Trading Activity: Sells Nike and Howard Hughes” on June 26, 2018, “Chipotle: Would This Time Be Different?” with a publish date: June 24, 2018, “Dow Soars With Oil Prices” and the last “Check out all of the restaurants that have opened in FiDi, Mid-Market so far this year” with publication date: June 20, 2018.

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

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