Chipotle Mexican Grill's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Financial analysis reveals a bullish sentiment among big money traders on Chipotle Mexican Grill (NYSE:CMG), with a mix of call and put options indicating a projected price target range of $2800 to $3200. The company, a leading fast-casual chain in the U.S., is currently trading at $2881.43, with an anticipated earnings release in 22 days. Analysts have set an average price target of $3150, with individual targets ranging from $2850 to $3300.
April 02, 2024 | 4:01 pm
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Chipotle Mexican Grill shows a bullish trend among investors, with a current trading price of $2881.43 and a projected target range of $2800 to $3200. Analysts have set an average price target of $3150, indicating potential growth.
The bullish sentiment is supported by a mix of call and put options, with a higher volume of calls. The current trading price is within the projected target range, and the upcoming earnings release could further influence the stock's direction. Analyst ratings support the potential for growth, with an average target of $3150.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100