17 Analysts Have This to Say About Chipotle Mexican Grill
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 17 Wall Street analysts have provided ratings for Chipotle Mexican Grill (NYSE:CMG), with 5 bullish, 10 somewhat bullish, and 2 indifferent. The average 12-month price target for CMG is $2239.41, with a high of $2450.00 and a low of $1865.00. This target has increased by 1.49% over the past month. Analysts typically review stocks quarterly or after major company updates, considering factors like future earnings and revenue potential.
December 07, 2023 | 8:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
17 analysts have rated CMG over the past 3 months, with an average 12-month price target of $2239.41, reflecting a positive sentiment with no bearish ratings. The target represents a 1.49% increase from the previous month.
The unanimous absence of bearish ratings among analysts and the recent increase in the average price target suggest a positive short-term outlook for CMG's stock price. The analyst ratings are a strong indicator of market sentiment, and the increase in the target price implies that analysts have a favorable view of the company's future performance. Given that these ratings are recent and there is a clear positive trend, it is likely that this information could influence investor behavior and lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100