Chipotle Mexican Grill, Inc. (CMG) Rating Reiterated by Sanford C. Bernstein

Ausiliatrice Cristiano
Luglio 27, 2017

The stock rose 0.11% or $0.17 reaching $152.26 per share. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since July 27, 2016 and is uptrending. It has outperformed by 7.96% the S&P500.

Among 41 analysts covering Chipotle Mexican Grill Inc. (NYSE:CMG), 11 have Buy rating, 7 Sell and 23 Hold. Chipotle Mexican Grill has a 1-year low of $336.52 and a 1-year high of $499.00. (NYSE:CMG) has "Buy" rating given on Thursday, October 8 by SunTrust. UBS maintained Chipotle Mexican Grill, Inc. (NYSE:CMG). Anson Funds Management Limited Partnership invested in 2,300 shares. The firm has "Neutral" rating given on Wednesday, October 21 by Wedbush. (NYSE:CMG) has "Market Perform" rating given on Wednesday, April 26 by Telsey Advisory Group. On July 19 the company was downgraded from "Outperform" to "Market Perform" in a statement from BMO Capital. The rating was maintained by Morgan Stanley on Wednesday, July 26 with "Equal-Weight". Maxim Group has "Sell" rating and $325 target. The legal version of this news story can be accessed at https://www.thestockobserver.com/2017/07/27/fy2017-eps-estimates-for-chipotle-mexican-grill-inc-decreased-by-analyst-nysecmg.html. Cowen and Company reiterated a market perform rating and set a $440.00 price target on shares of Chipotle Mexican Grill in a report on Friday, July 21st. The firm earned "Neutral" rating on Monday, April 24 by Credit Suisse.

TRADEMARK VIOLATION NOTICE: "State Treasurer State of Michigan Has $3,928,000 Stake in Chipotle Mexican Grill, Inc".

Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The stock has a market capitalization of $9.84 billion, a PE ratio of 106.14 and a beta of 0.64. The Company's Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its activities and restaurants based on 11 regions. About 863,413 shares traded. Catchmark Timber Trust Inc (NYSE:CTT) has risen 8.20% since July 26, 2016 and is uptrending. It has underperformed by 9.08% the S&P500.The move comes after 6 months positive chart setup for the $10.05 billion company.

Investors sentiment decreased to 0.64 in Q4 2016. Its up 0.18, from 0.88 in 2016Q3. It is positive, as 45 investors sold BK shares while 317 reduced holdings. 66 funds opened positions while 114 raised stakes. Finally, Wells Fargo & Company downgraded shares of Chipotle Mexican Grill from an outperform rating to a market perform rating and lowered their price target for the stock from $470.00 to $375.00 in a report on Wednesday, July 19th.

A number of other research analysts have also weighed in on CMG. Next Gru has 572 shares for 0% of their portfolio. Sandy Spring State Bank accumulated 0% or 67 shares. California State Teachers Retirement System has 338,000 shares. Community Natl Bank Na holds 0% of its portfolio in Chipotle Mexican Grill, Inc.

Chipotle Mexican Grill (CMG) traded up 0.20% during trading on Thursday, hitting $341.28. The France-based Bnp Paribas Sa has invested 0.03% in Bank of New York Mellon Corp (NYSE:BK). Nationwide Fund accumulated 7,965 shares. Artisan Partners Limited Partnership acquired a new stake in shares of Chipotle Mexican Grill during the first quarter worth about $84,334,000. Chipotle Mexican Grill's revenue was up 17.1% compared to the same quarter past year. Harbour Capital Advisors LLC bought a new position in shares of Chipotle Mexican Grill during the first quarter worth about $121,000. Amalgamated Bank owns 8,144 shares or 0.03% of their United States portfolio.

Since February 6, 2017, it had 1 insider buy, and 0 insider sales for $159,084 activity. (NYSE:CMG) on Thursday, July 23 with "Buy" rating.

On July 21 the company was rated "Hold" by Argus which was a cut from the previous "Buy" rating.

Several other research analysts also recently commented on the company. The stock now has an average rating of "Hold" and a consensus price target of $407.27. As per Monday, June 26, the company rating was maintained by RBC Capital Markets. (NYSE:CMG) earned "Buy" rating by Goldman Sachs on Wednesday, February 3.

The Mexican-style food chain said Wednesday that on July 19 it received a second subpoena related to a federal grand jury subpoena issued in January from the U.S. Food and Drug Administration's Office of Criminal Investigations. As per Monday, June 26, the company rating was upgraded by Raymond James. On Friday, September 23 the stock rating was maintained by CLSA with "Outperform". The stock has "Neutral" rating by Robert W. Baird on Friday, November 6.

Norinchukin Bank The decreased Americanelec Pwr Inc (NYSE:AEP) stake by 5,496 shares to 35,529 valued at $2.24M in 2016Q4.

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