Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Chipotle Mexican Grill Inc has a consensus price target of $981.59 based on the ratings of 28 analysts. The high is $3888 issued by Argus Research on June 18, 2024. The low is $54 issued by Guggenheim on July 26, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Stephens & Co., and Wedbush on November 15, 2024, November 12, 2024, and October 30, 2024, respectively. With an average price target of $68 between RBC Capital, Stephens & Co., and Wedbush, there's an implied 13.33% upside for Chipotle Mexican Grill Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Chipotle Mexican Grill (NYSE:CMG) was reported by RBC Capital on November 15, 2024. The analyst firm set a price target for $70.00 expecting CMG to rise to within 12 months (a possible 16.67% upside). 100 analyst firms have reported ratings in the last year.
The latest analyst rating for Chipotle Mexican Grill (NYSE:CMG) was provided by RBC Capital, and Chipotle Mexican Grill reiterated their outperform rating.
The last upgrade for Chipotle Mexican Grill Inc happened on August 14, 2024 when Wedbush raised their price target to $58. Wedbush previously had a neutral for Chipotle Mexican Grill Inc.
There is no last downgrade for Chipotle Mexican Grill.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Chipotle Mexican Grill, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Chipotle Mexican Grill was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest Chipotle Mexican Grill (CMG) rating was a reiterated with a price target of $70.00 to $70.00. The current price Chipotle Mexican Grill (CMG) is trading at is $60.00, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.