Chipotle Mexican Grill (CMG) Tops Q1 EPS by 7c; Offers Q1 Outlook

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Chipotle Mexican Grill's (CMG) Price Target Lowered to $300 at Maxim

April 27, 2016 8:05 AM EDT

Maxim Group maintained a Sell rating on Chipotle Mexican Grill (NYSE: CMG) and lowered its price target to $300.00 (from $350.00).

For an analyst ratings summary and ratings history on Chipotle Mexican Grill click... More

Chipotle Mexican Grill (CMG) Estimates, PT Lowered at UBS

April 27, 2016 7:59 AM EDT

UBS analyst Keith Siegner lowered his price target on Chipotle Mexican Grill (NYSE: CMG) to $450.00 (from $460.00) following Q1 results while maintaining a Neutral rating saying the sales recovery remains challenging and consensus likely coming down again.

Siegner commented, "With 1Q EPS basically preannounced and much of 1Q's sss... More

BTIG Downgrades Chipotle Mexican Grill (CMG) to Neutral

April 27, 2016 7:24 AM EDT

BTIG downgraded Chipotle Mexican Grill (NYSE: CMG) from Buy to Neutral and removed its price target. The change follows the release of Q1 results. Analyst Peter Saleh noted a slower recovery in sales and a shift in promotional strategy.

"We are... More

Chipotle (CMG) Recovery Remains 'When Not If' - Piper Jaffray

April 27, 2016 7:11 AM EDT

Piper Jaffray analyst, Nicole Miller Regan, noted that Chipotle (NYSE: CMG) reported better-than-expected 1Q16 results including EPS of ($0.88) and same store sales of (29.7%). 2Q16 top-line trends in April are running approximately (26%) excluding a beneficial calendar shift due to Easter and including more difficult YoY comparisons.... More

Chipotle's troubles might help Panera as both serve up reports

April 25, 2016 3:58 PM EDT

By Noel Randewich

SAN FRANCISCO (Reuters) - Wall Street expects little from Chipotle Mexican Grill Inc's (NYSE: CMG) first-quarter results late on Tuesday as the burrito chain struggles to recover from a string of food-borne illness outbreaks. But its loss might be rival Panera Bread Co's (NASDAQ: PNRA) gain.

Shares of Chipotle have dropped 38 percent since August after norovirus and E.coli outbreaks at some of its outlets led to a plunge in sales for the company, which markets its food as healthier than rivals'.

... More