Analyst Expectations for Chipotle Mexican Grill's Future
Portfolio Pulse from Benzinga Insights
Analysts have recently provided ratings for Chipotle Mexican Grill (NYSE:CMG), with 5 bullish, 9 somewhat bullish, and 2 indifferent ratings in the last quarter. The average 12-month price target among 16 analysts is $2212.19, a slight decrease from the previous target of $2222.62. Analysts base their ratings on financial predictions, company performance, and industry research.
November 14, 2023 | 5:00 pm
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Chipotle Mexican Grill has received a majority of positive ratings from analysts, with an average 12-month price target of $2212.19, indicating a slight decrease from the previous target.
The majority of analysts are bullish or somewhat bullish on CMG, suggesting a generally positive outlook. However, the slight decrease in the average price target may temper short-term expectations. The ratings are based on extensive research and financial forecasts, which supports the confidence in the analysis. The importance is high as analyst ratings can influence investor perception, but not at the maximum level since the price target change is relatively minor.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100