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

Rating:
Neutral CMG

Chipotle Mexican Grill, Inc. (CMG) rated Neutral by Credit Suisse

Posted on: Thursday,  May 23, 2013  9:25 AM ET by Credit Suisse

Chipotle Mexican Grill, Inc.
(NYSE: CMG) rated Neutral by Credit Suisse.

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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/23/2013 9:25 AM Hold
None
368.89
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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