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

Rating:
Hold CMG

Chipotle Mexican Grill, Inc. (CMG) rated Hold with price target $760 by Wunderlich

Posted on: Monday,  Feb 2, 2015  8:25 AM ET by Wunderlich

Wunderlich rated Hold Chipotle Mexican Grill, Inc. (NYSE: CMG) on 02/02/2015. Previously Wunderlich rated Buy Chipotle Mexican Grill, Inc. (NYSE: CMG) on
10/18/2013., when the stock price was $506.78. Since then, Chipotle Mexican Grill, Inc. has gained 8.92% as of 01/31/2014's recent price of $551.96.
If you would have followed the previous Wunderlich's recommendation on CMG, you would have gained 8.91% of your investment in 105 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.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/2/2015 8:25 AM Hold
None
712.02 760.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD up  3.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2014 8:25 AM Hold
None
551.96 542.00
10/18/2013 9:25 AM Buy
None
506.78 500.00
7/23/2013 8:25 AM Hold
None
403.20 430.00

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