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

Rating:
Underperform
CMG
down 88.53 %

Chipotle Mexican Grill, Inc. (CMG) rated Underperform by Wachovia

Posted on: Friday,  Apr 24, 2009  8:25 AM ET by Wachovia

Wachovia rated Underperform Chipotle Mexican Grill, Inc. (NYSE: CMG) on 04/24/2009, when the stock price was $83.38. Since
then, Chipotle Mexican Grill, Inc. has gained 772.12% as of 01/19/2016's recent price of $727.17.
If you would have followed this Wachovia's recommendation on CMG, you would have lost 88.53% of your investment in 2461 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.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/24/2009 8:25 AM Sell
None
83.38
as of 12/31/2009
1 Week down  -147.54 %
1 Month down  -167.98 %
3 Months down  -130.42 %
1 YTD down  -168.20 %

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