Chipotle Mexican Grill (CMG) Numbers Cut at Jefferies; Analyst Sees 'Normalizing Trends'
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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
Piper Jaffray Trims Numbers on Chipotle Mexican Grill (CMG) Post Q3
October 21, 2015 7:06 AM EDTPiper Jaffray analyst Nicole Miller Regan reiterated an Overweight rating and lowered her price target on Chipotle Mexican Grill (NYSE: CMG) to $737.00 (from $764.00) following solid third quarter results.
Regan commented, "Chipotle reported 3Q15 results including same-store sales of +2.6% (vs. consensus expectations of +2.5% and on top... 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

