Chipotle Mexican (CMG) PT Lifted to $740 at Piper Jaffray; Q2 Results 'Strong'
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Oppenheimer Remains Bullish on Chipotle Mexican Grill (CMG) Following 2Q15 Results
July 22, 2015 9:56 AM EDTOppenheimer reiterated an Outperform rating and $775.00 price target on Chipotle Mexican Grill (NYSE: CMG) following 2Q15. CMG reported EPS of $4.45, compared to $4.44 consensus. Comps of +4.3% were lower than sell-side's +5.8%.
Analyst Brian Bittner commented, "While 2Q comps were non-celebratory, traffic has accelerated into 3Q,... More
RBC Capital Remains Bullish on Chipotle Mexican Grill (CMG) Following 2Q15 Results
July 22, 2015 8:00 AM EDTRBC Capital reiterated an Outperform rating and $740.00 price target on Chipotle Mexican Grill (NYSE: CMG) following 2Q15 results. CMG reported EPS of $4.45, compared to $4.43 consensus.
Analyst David Palmer commented, "We are maintaining our $740 price target and nudging our 2015 and 2016 EPS estimates higher from $17.00 and $20.79 to $17.16 (+21%... More
Chipotle Mexican Grill (CMG) PT Raised to $750 at Credit Suisse
July 22, 2015 7:48 AM EDTCredit Suisse analyst J. West lowered estimates but raised his price target on Outperform-rated Chipotle Mexican Grill (NYSE: CMG) to $750.00 (from $725.00) following Q2 results.
West commented, "Playing out as expected: We knew 2015 could be a choppy year for CMG's stock given very... More
Chipotle Mexican Grill (CMG) Approves $100M Common Stock Buyback
July 21, 2015 4:32 PM EDTChipotle Mexican Grill (NYSE: CMG) to repurchase up to $100 million of its common stock, ex. commissions.
... MoreChipotle Mexican Grill (CMG) Tops Q2 EPS by 1c, Comps Up 4.3%
July 21, 2015 4:02 PM EDTChipotle Mexican Grill (NYSE: CMG) reported Q2 EPS of $4.45, $0.01 better than the analyst estimate of $4.44. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.22 billion. Comparable restaurant sales increased 4.3%
Highlights for the second quarter of 2015 as compared to the second quarter of 2014 include:
Revenue increased 14.1% to $1.2 billionComparable restaurant sales... More