Chipotle Mexican Grill (CMG) PT Maintained at $250 at Guggenheim on 4Q Report; 'Guidance Sends 2018 Estimates South of the Boarder'

Go back to Chipotle Mexican Grill (CMG) PT Maintained at $250 at Guggenheim on 4Q Report; 'Guidance Sends 2018 Estimates South of the Boarder'

Chipotle Mexican Grill (CMG) PT Lowered to $285 at Goldman Sachs

February 8, 2018 6:52 AM EST

Goldman Sachs lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $285.00 (from $330.00) while maintaining a Neutral rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $295 at Baird

February 7, 2018 9:28 AM EST

Baird lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $295.00 (from $310.00) while maintaining a Neutral rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $340 at SunTrust Robinson Humphrey

February 7, 2018 9:03 AM EST

SunTrust Robinson Humphrey lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $340.00 (from $363.00) while maintaining a Buy rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $410 at Maxim Group

February 7, 2018 8:47 AM EST

Maxim Group lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $410.00 (from $425.00) while maintaining a Buy rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $300 at Canaccord Genuity Following 4Q

February 7, 2018 8:45 AM EST

Canaccord Genuity lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $300.00 (from $325.00) while maintaining a Hold rating following 4Q. CMG reported EPS of $1.55, above the Street of $1.35, but the result included $0.21 tax benefit from the new US tax legislation. CMG's restaurant-level margin of... More

Chipotle Mexican Grill (CMG) PT Lowered to $500 at Bernstein, 'stable traffic trends and improving ops lay the foundation for a new CEO'

February 7, 2018 7:17 AM EST

Bernstein lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $500.00 (from $564.00) while maintaining a Outperform rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $285 at Stephens, Valuation Increasingly Concerning

February 7, 2018 7:05 AM EST

Stephens lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $285.00 (from $300.00) while maintaining a Equal Weight rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $285 at Wedbush

February 7, 2018 6:51 AM EST

Wedbush lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $285.00 (from $310.00) while maintaining a Neutral rating.

Analyst Nick Setyan commented, "We believe current valuation appropriately reflects Chipotle's low-single-digit SSS growth trajectory, along with limited visibility into Chipotle's near- and mediumterm margin trajectory."

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Chipotle Mexican Grill (CMG) PT Lowered to $235 at Deutsche Bank on 4Q Report; 'Sales Momentum & New CEO are Two Miss Components'

February 7, 2018 6:46 AM EST

Deutsche Bank lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $235.00 (from $290.00) while maintaining a Sell rating, following the company's fourth quarter earnings report.

Analyst Brett Levy notes a cautious outlook on the shares, with CMG reporting fourth quarter adjusted EPS of $1.34... More

Chipotle Mexican Grill (CMG) PT Lowered to $270 at Wells Fargo

February 7, 2018 6:44 AM EST

Wells Fargo lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $270.00 (from $300.00) while maintaining a Market Perform rating.

Analyst Jeff Farmer commented, "Given what we see as a new norm of mid-single-digit unit growth, low-single-digit same-store sales (SSS) and a high-teens restaurant-level margin... More

Chipotle Mexican Grill (CMG) PT Lowered to $270 at BofA/Merrill Lynch on 4Q Report; 'EPS Misses Estimates on Weak Restaurant Margins'

February 7, 2018 6:41 AM EST

BofA/Merrill Lynch lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $270.00 (from $285.00) while maintaining a Underperform rating, following the company's fourth quarter earnings report.

Analyst Gregory Francfort notes a cautious outlook on the shares, with CMG reporting fourth quarter adjusted... More

Chipotle Mexican Grill (CMG) PT Lowered to $275 at UBS

February 7, 2018 6:35 AM EST

UBS lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $275.00 (from $290.00) while maintaining a Sell rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $303 at Nomura/Instinet on 4Q Report; 'Tax Savings to be Reinvested... CEO Search Continues'

February 7, 2018 6:28 AM EST

Nomura/Instinet lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $303.00 (from $315.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.

Analyst Mark Kalinowski notes a cautious outlook on the shares, with CMG reporting fourth quarter adjusted EPS of $1.34... More

Chipotle Mexican Grill (CMG) PT Lowered to $280 at JPMorgan on 4Q Report; 'No Near-Term Solution for Turnaround'

February 7, 2018 6:16 AM EST

JPMorgan lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $280.00 (from $333.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.

Analyst John Ivankoe notes a cautious outlook on the shares, with CMG reporting fourth quarter adjusted EPS of $1.34 and... More

Chipotle Mexican Grill (CMG) PT Lowered to $255 at Cowen

February 7, 2018 6:13 AM EST

Cowen lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $255.00 (from $295.00) while maintaining a Underperform rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $275 at Credit Suisse

February 7, 2018 4:32 AM EST

Credit Suisse lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $275.00 (from $330.00) while maintaining a Neutral rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $305 at Barclays

February 7, 2018 4:18 AM EST

Barclays lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $305.00 (from $325.00) while maintaining a Equalweight rating.

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Mizuho Securities Downgrades Chipotle Mexican Grill (CMG) to Neutral

February 7, 2018 3:53 AM EST

Mizuho Securities downgraded Chipotle Mexican Grill (NYSE: CMG) from Buy to Neutral with a price target of $300.00 (from $370.00).

Analyst Jeremy Scott comments "While the brand has experienced numerous unforeseen setbacks along the way, the bottom line is that time has expired,... More

Stifel Downgrades Chipotle Mexican Grill (CMG) to Sell

February 7, 2018 2:42 AM EST

Stifel downgraded Chipotle Mexican Grill (NYSE: CMG) from Hold to Sell with a price target of $250.00 (from $310.00).

Analyst Chris O'Cull expects negative traffic trends to persist and believes the management team is trying to rely on easier comps this coming summer... More

Chipotle expects fewer restaurant customers through July, shares fall

February 6, 2018 4:25 PM EST

By Lisa Baertlein

(Reuters) - Chipotle Mexican Grill Inc (NYSE: CMG) said on Tuesday the number of visitors to its restaurants fell in the fourth quarter and would continue to decline through the middle of the year, sending shares of the burrito chain down 5 percent.

Chipotle has been fighting to lure back old customers and entice new ones to its restaurants since a series of food safety lapses in 2015 that crushed its sales and reputation. Instead, customer traffic fell about 3 percent in the fourth quarter.

The purveyor of made-to-order burritos... More

Chipotle Mexican Grill (CMG) Tops Q4 EPS by 2c

February 6, 2018 4:11 PM EST

Chipotle Mexican Grill (NYSE: CMG) reported Q4 EPS of $1.34, ex-tax benefit, 2 cents better than the analyst estimate of $1.32. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.11 billion. Comparable restaurant sales increased 0.9% for the quarter.

Diluted earnings per share was $1.55, including a benefit of $0.21 per share resulting from changes in U.S. tax law, compared to $0.55 in the fourth quarter of 2016.

During 2017, we have made considerable changes around... More

Chipotle Mexican Grill (CMG) PT Maintained at $350 at Piper Jaffray; 'CMG Remains a Top Recovery Pick'

February 5, 2018 6:44 AM EST

Piper Jaffray maintained its price target on Chipotle Mexican Grill (NYSE: CMG) at $350.00 while maintaining a Overweight rating, following an investor tour to visit with Director of France in Paris.

Analyst Nicole Miller Regan suggests potential structural improvements could allow for base growth... More