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

Rating:
Outperform
CMG
up 159.49 %

Chipotle Mexican Grill, Inc. (CMG) upgraded to Outperform with price target $330 by Morgan Keegan

Posted on: Friday,  Aug 19, 2011  8:25 AM ET by Morgan Keegan

Morgan Keegan rated Outperform Chipotle Mexican Grill, Inc. (NYSE: CMG) on 08/19/2011, when the stock price was $280.22.
Since then, Chipotle Mexican Grill, Inc. has gained 159.50% as of 01/19/2016's recent price of $727.17.
If you would have followed this Morgan Keegan's recommendation on CMG, you would have gained 159.49% of your investment in 1614 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.

Since Morgan Keegan's founding 38 years ago, quality investment research has been a hallmark of the firm. Over the years, we have built our reputation by focusing on companies that have gone unnoticed by Wall Street. Today, our staff of senior equity analysts tracks more than 250 companies concentrated in ten industry sectors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/19/2011 8:25 AM Buy
None
280.22 330.00
as of 12/30/2011
1 Week up  0.72 %
1 Month up  5.03 %
3 Months up  11.48 %
1 YTD up  30.38 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/2/2011 8:25 AM Hold
None
242.23
2/11/2011 8:25 AM Sell
None
268.73
8/2/2007 9:25 AM Hold
None
99.20

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