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Stephens Stick to Their Hold Rating for Chipotle

Published 01/07/2021, 07:30 AM
CMG
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Stephens analyst James Rutherford maintained a Hold rating on Chipotle on Thursday, setting a price target of $1265, which is approximately 5.84% below the present share price of $1343.41.

Rutherford expects Chipotle to post earnings per share (EPS) of $2.87 for the first quarter of 2021.

The current consensus among 23 TipRanks analysts is for a Moderate Buy rating of shares in Chipotle, with an average price target of $1430.35.
The analysts price targets range from a high of $1835 to a low of $1125.

In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.6 billion and a net profit of $115.09 million. The company's market cap is $38.8 billion.

According to TipRanks.com, Stephens analyst James Rutherford is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 19.7% and a 70.31% success rate.

Chipotle Mexican Grill (NYSE:CMG), Inc. engages in the development and operation of fast-casual, fresh Mexican food restaurants throughout the U.S. It offers focused menu of burritos, tacos, burrito bowls, and salads prepared using classic cooking methods. The company was founded by Steve Ells in 1993 and is headquartered in Newport Beach, CA.

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