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

Rating:
Neutral CMG

Chipotle Mexican Grill, Inc. (CMG) rated Neutral with price target $740 by Wedbush

Posted on: Monday,  Aug 24, 2015  10:25 AM ET by Wedbush

Wedbush rated Neutral Chipotle Mexican Grill, Inc. (NYSE: CMG) on 08/24/2015. Previously Wedbush rated Outperform Chipotle Mexican Grill, Inc. (NYSE: CMG)
on 04/15/2013., when the stock price was $345.88. Since then, Chipotle Mexican Grill, Inc. has gained 43.15% as of 01/24/2014's recent price of $495.11.
If you would have followed the previous Wedbush 's recommendation on CMG, you would have gained 43.14% of your investment in 284 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.

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/24/2015 10:25 AM Hold
None
698.72 740.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD down  -7.07 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/24/2014 8:25 AM Hold
None
495.11
4/15/2013 8:25 AM Buy
None
345.88
10/19/2012 8:25 AM Hold
None
246.06 270.00
10/19/2012 8:25 AM Hold
None
246.06 270.00

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