Buzzing Stock: Chipotle Mexican Grill, Inc. (NYSE:CMG)


As per the research groups listed in Thomson Reuters survey, Chipotle Mexican Grill, Inc. (NYSE:CMG), the stock can touch mean price target of $434.8800 in coming period. This price target highlights the recommendations of leading experts in the market.

Thomson Reuters studies the brokerages research reports to reach this price target. The latest poll indicate that the company may record earnings of $2.1400 per share in looming quarter and $3.8700 during current fiscal.

Technical Forecast

While evaluating Chipotle Mexican Grill, Inc. Co on the technical side, it is seen that the firm’s shares price is trading $24.9307 points away or +6.0700% from its 50-day moving average of $410.7210. Further it is trading $-3.2173 or -0.7331% away its 200-day moving average of $438.8690. MA here stands for moving average.

Chipotle Mexican Grill, Inc. (NYSE:CMG) stock made a high of $757.0000 in last 12-months while the lowest level in same period was $384.7700. It entails if stock price makes a movement of over $-321.3483, it will make a new 52-week high. In the case of +13.2239% decline, it will touch a new 52-week low.

Valuation Level

The valuation of Chipotle Mexican Grill, Inc. Co is done by analysts by using price-to-earnings ratio. This ratio considers the latest price and profits for valuating a stock. The ratio is calculated by dividing stock price by annual EPS. For now, Chipotle Mexican Grill, Inc. (NYSE:CMG) P/E ratio is 62.7650. The stakeholders can further gauge a firm’s performance by calculating Price-to-Earnings-Growth ratio, and for Chipotle Mexican Grill, Inc. Co it stands at 10.6500.

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