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

up 57.59 %

Chipotle Mexican Grill, Inc. (CMG) rated Buy with price target $551 by Citigroup

Posted on: Tuesday,  Jan 19, 2016  12:25 PM ET by Citigroup

Citigroup rated Buy Chipotle Mexican Grill, Inc. (NYSE: CMG) on 01/19/2016, when the stock price was $461.41. Since
then, Chipotle Mexican Grill, Inc. has gained 57.60% as of 01/19/2016's recent price of $727.17.
If you would have followed this Citigroup's recommendation on CMG, you would have gained 57.59% of your investment in 0 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.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/19/2016 12:25 PM Buy
461.41 551.00
as of 8/27/2015
1 Week down  -1.08 %
1 Month up  18.16 %
3 Months up  14.59 %
1 YTD up  36.48 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/17/2012 8:25 AM Buy
9/28/2007 9:25 AM Hold
6/29/2007 9:25 AM Buy
84.00 100.00

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