Analyst Expectations for Chipotle Mexican Grill's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 34 analysts have published their opinion on Chipotle Mexican Grill (NYSE:CMG) stock. The average 12-month price target for CMG is $2148.82, with a high of $2400.00 and a low of $1850.00. The average price target has increased by 8.78% over the past month.
July 18, 2023 | 9:00 pm
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Analysts are generally bullish on Chipotle Mexican Grill (NYSE:CMG) with an average 12-month price target of $2148.82, indicating potential upside. The average price target has increased by 8.78% over the past month.
The bullish sentiment from analysts, as well as the increase in the average price target over the past month, suggests that there is potential for the stock price to increase in the short term. This is based on the analysts' understanding of the company's business and their predictions for its performance over the next year.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100