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Chipotle Mexican Grill, Inc. (CMG) [hlAlert]

Rating:
Buy CMG
up 164.66 %

Chipotle Mexican Grill, Inc. (CMG) rated Buy by BofA/Merrill

Posted on: Tuesday,  Nov 6, 2012  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Chipotle Mexican Grill, Inc. (NYSE: CMG) on 11/06/2012, when the stock price was $274.75. Since
then, Chipotle Mexican Grill, Inc. has gained 164.67% as of 01/19/2016's recent price of $727.17.
If you would have followed this BofA/Merrill's recommendation on CMG, you would have gained 164.66% of your investment in 1169 days.

Chipotle Mexican Grill, Inc. develops and operates fast-casual, fresh Mexican food restaurants in 33 states throughout the United States, the District of Columbia and Ontario, Canada. It operates Mexican food restaurants serving burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. The Company operated 837 restaurants in 33 states throughout the United States, the District of Columbia, and Toronto, Canada as of December 31, 2008. Its restaurants serve a menu of tacos, burritos, salads and burrito bowls (a burrito without the tortilla), made using fresh ingredients. Chipotle categorizes its restaurants as either end-caps (at the end of a line of retail outlets), in-lines (in a line of retail outlets), free-standing or other. Of its restaurants in operation as of December 31, 2008, it had 180 free-standing units, 496 end-cap locations, 135 in-line locations and 26 other. The average restaurant size is about 2,600 square feet and seats about 60 people.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/6/2012 8:25 AM Buy
None
274.75
as of 12/31/2012
1 Week up  1.14 %
1 Month up  12.76 %
3 Months up  8.26 %
1 YTD up  8.26 %

(*) Stock Price at the time of the recommendation.
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