NYSE:CMG

Chipotle Mexican Grill (CMG) Price Target & Analyst Ratings

$1,830.16

-36.97 (-1.98%)

(As of 02:07 PM ET)

Compare

Today's Range: $1,826.91
▼
$1,876.82
50-Day Range: $1,806.08
▼
$2,092.31
52-Week Range: $1,344.05
▼
$2,175.01

Volume: 100,976 shs
Average Volume: 279,993 shs
Market Capitalization: $50.49 billion

P/E Ratio: 45.71
Dividend Yield: N/A
Price Target: $2,153.78

Chipotle Mexican Grill Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 25 Analyst Ratings

Consensus Analyst Price Target

$2,153.78
17.68% Upside

High Prediction	$2,570.00
Average Prediction	$2,153.78
Low Prediction	$1,657.00

Type	Current 10/3/22 to 10/3/23	1 Month Ago 9/3/22 to 9/3/23	3 Months Ago 7/5/22 to 7/5/23	1 Year Ago 10/3/21 to 10/3/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	18 Buy rating(s)	20 Buy rating(s)	20 Buy rating(s)	24 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$2,153.78	$2,139.72	$2,066.93	$1,818.85
Predicted Upside	17.68% Upside	10.61% Upside	13.45% Upside	23.90% Upside

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CMG Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CMG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Chipotle Mexican Grill Stock vs. The Competition

Type	Chipotle Mexican Grill	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.72	2.41	2.49
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	15.35% Upside	225.84% Upside	698.28% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
9/20/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$2,200.00	+14.31%
9/20/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$2,230.00 ➝ $2,280.00	+18.46%
9/8/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$2,200.00	+11.56%
7/27/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$2,250.00 ➝ $2,150.00	+13.07%
7/27/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$2,025.00 ➝ $2,010.00	+5.71%
7/27/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$2,400.00	+15.07%
Get the Latest News and Ratings for Your Stocks Enter your email address below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter.
7/27/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$2,300.00 ➝ $2,250.00	+7.88%
7/27/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$2,350.00 ➝ $2,300.00	+10.27%
7/27/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$2,075.00 ➝ $1,981.00	-5.02%
7/27/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$1,950.00 ➝ $1,925.00	-7.71%
7/27/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight	$2,300.00 ➝ $2,200.00	+5.48%
7/27/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$2,400.00 ➝ $2,200.00	+5.48%
7/27/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight	$1,885.00 ➝ $1,950.00	-6.51%
7/21/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$2,200.00 ➝ $2,570.00	+22.72%
7/21/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$2,200.00 ➝ $2,400.00	+14.60%
7/14/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$1,550.00 ➝ $1,950.00	-5.71%
7/14/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$2,240.00 ➝ $2,454.00	+18.67%
6/20/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$2,100.00 ➝ $2,300.00	+13.14%
6/1/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$2,200.00 ➝ $2,400.00	+15.62%
4/26/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
4/26/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$1,600.00 ➝ $1,750.00	-11.30%
4/26/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$2,000.00 ➝ $2,100.00	+17.98%
4/26/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold	$1,700.00 ➝ $1,850.00	+3.93%
4/26/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$1,825.00 ➝ $2,175.00	+22.19%
4/26/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$2,050.00 ➝ $2,250.00	+26.40%
4/26/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$2,050.00 ➝ $2,200.00	+23.60%
2/13/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	$1,713.00 ➝ $1,657.00	+1.98%
2/8/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$1,950.00 ➝ $2,050.00	+18.99%

(Data available from 10/3/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

CMG Price Target - Frequently Asked Questions

What is Chipotle Mexican Grill's consensus rating and price target?: According to the issued ratings of 25 analysts in the last year, the consensus rating for Chipotle Mexican Grill stock is Moderate Buy based on the current 7 hold ratings and 18 buy ratings for CMG. The average twelve-month price prediction for Chipotle Mexican Grill is $2,153.78 with a high price target of $2,570.00 and a low price target of $1,657.00. Learn more on CMG's analyst rating history.
Do Wall Street analysts like Chipotle Mexican Grill more than its competitors?: Analysts like Chipotle Mexican Grill more than other Retail/Wholesale companies. The consensus rating for Chipotle Mexican Grill is Moderate Buy while the average consensus rating for retail/wholesale companies is Hold. Learn more on how CMG compares to other companies.
Does Chipotle Mexican Grill's stock price have much upside?: According to analysts, Chipotle Mexican Grill's stock has a predicted upside of 10.82% based on their 12-month price targets.

What analysts cover Chipotle Mexican Grill?: Chipotle Mexican Grill has been rated by Bank of America, Barclays, BMO Capital Markets, Citigroup, Guggenheim, KeyCorp, Morgan Stanley, Oppenheimer, Piper Sandler, Robert W. Baird, Royal Bank of Canada, Stephens, Stifel Nicolaus, TD Cowen, Truist Financial, Wedbush, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:CMG) was last updated on 10/3/2023 by MarketBeat.com Staff

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