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RBC Capital Sees Offsite Ordering as Sales Opportunity for Chipotle Mexican Grill (CMG); Reiterates Outperform
October 21, 2015 9:43 AM EDTRBC Capital reiterated an Outperform rating and $825.00 price target on Chipotle Mexican Grill (NYSE: CMG), and believes that the company's offsite ordering represents an important sales opportunity.
Analyst David Palmer commented, "We are maintaining our price target and trimming our EPS estimates... More
Wedbush Cuts Price Target on Chipotle Mexican Grill (CMG) Following EPS Miss
October 21, 2015 7:57 AM EDTWedbush reiterated a Neutral rating on Chipotle Mexican Grill (NYSE: CMG), and cut the price target to $700.00 (from $740.00), following the company's 3Q15 earnings results. EPS of $4.59 was slightly below $4.62 consensus.
Analyst Nick Setyan commented, "October comps are trending in-line with the August & September... More
Chipotle Mexican Grill (CMG) Misses Q3 EPS by 4c
October 20, 2015 4:10 PM EDTChipotle Mexican Grill (NYSE: CMG) reported Q3 EPS of $4.59, $0.04 worse than the analyst estimate of $4.63. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.22 billion.
Comparable restaurant sales increased 2.6%
Outlook
For 2015, management expects the... More
McDonald's (MCD) Affirms Testing Monster (MNST) Offerings in About 20 Locations - Bloomberg
October 20, 2015 2:49 PM EDTMcDonald's (NYSE: MCD) is affirming that it is testing Monster Beverage (NASDAQ: MNST) drinks in about 20 stores, according to Bloomberg, citing a spokesperson on the matter.
NOTE: Earlier, Evercore ISI commented on the initiative. For more color, click here.
... More