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

Rating:
Mkt Perform
CMG

Chipotle Mexican Grill, Inc. (CMG) rated Mkt Perform by William Blair

Posted on: Thursday,  Sep 4, 2008  10:25 AM ET by William Blair

Chipotle Mexican Grill
(CMG) rated Mkt Perform by William Blair.

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.

The Equity Research department provides the firm's clients with in-depth investment analysis and investment recommendations. Acting as the company's laboratory for new investment ideas, it specializes in providing investment analysis on quality growth companies. Located together in our Chicago office, our equity analysts currently follow a universe of nearly 360 companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/4/2008 10:25 AM Hold
None
69.95
as of 12/24/2008
1 Week up  3.43 %
1 Month up  27.08 %
3 Months up  67.45 %
1 YTD up  17.18 %

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