What the Options Market Tells Us About Chipotle Mexican Grill
Portfolio Pulse from Benzinga Insights
The options market shows a bearish sentiment towards Chipotle Mexican Grill (NYSE:CMG), with 45% of traders bearish and 33% bullish. Analysts have mixed ratings, with target prices ranging from $58 to $69. The stock is currently down 1.34% at $55.39.
August 28, 2024 | 6:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Chipotle Mexican Grill is experiencing bearish sentiment in the options market, with 45% of trades being bearish. Analysts have mixed ratings, with target prices ranging from $58 to $69. The stock is currently down 1.34% at $55.39.
The options market shows a significant bearish sentiment with 45% of trades being bearish. This, combined with a recent price drop of 1.34%, suggests a negative short-term outlook. Analysts' mixed ratings and target prices indicate uncertainty, but the overall sentiment leans bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100