Research Analysts’ Weekly Ratings Changes for Chipotle Mexican Grill (CMG)

Posted by Donna Armstrong on Feb 4th, 2025

A number of firms have modified their ratings and price targets on shares of Chipotle Mexican Grill (NYSE: CMG) recently:

1/28/2025 – Chipotle Mexican Grill had its price target lowered by analysts at Raymond James from $72.00 to $69.00. They now have an “outperform” rating on the stock.
1/28/2025 – Chipotle Mexican Grill had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $75.00 price target on the stock.
1/28/2025 – Chipotle Mexican Grill had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $70.00 price target on the stock.
1/27/2025 – Chipotle Mexican Grill had its price target lowered by analysts at Citigroup Inc. from $70.00 to $69.00. They now have a “buy” rating on the stock.
1/22/2025 – Chipotle Mexican Grill had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $69.00 price target on the stock.
1/7/2025 – Chipotle Mexican Grill had its price target raised by analysts at Oppenheimer Holdings Inc. from $65.00 to $69.00. They now have an “outperform” rating on the stock.
1/7/2025 – Chipotle Mexican Grill had its price target raised by analysts at Barclays PLC from $60.00 to $63.00. They now have an “equal weight” rating on the stock.
12/17/2024 – Chipotle Mexican Grill had its price target raised by analysts at Royal Bank of Canada from $70.00 to $75.00. They now have an “outperform” rating on the stock.
12/16/2024 – Chipotle Mexican Grill had its price target raised by analysts at Raymond James from $66.00 to $72.00. They now have an “outperform” rating on the stock.
12/16/2024 – Chipotle Mexican Grill had its price target raised by analysts at Jefferies Financial Group Inc. from $56.00 to $62.00. They now have a “hold” rating on the stock.
12/12/2024 – Chipotle Mexican Grill had its price target raised by analysts at Wells Fargo & Company from $67.00 to $75.00. They now have an “overweight” rating on the stock.

Chipotle Mexican Grill Stock Performance

Shares of NYSE CMG traded up $0.13 during mid-day trading on Tuesday, reaching $58.49. The company had a trading volume of 2,674,709 shares, compared to its average volume of 9,169,371. The stock has a fifty day moving average of $60.50 and a two-hundred day moving average of $57.77. The company has a market capitalization of $79.69 billion, a price-to-earnings ratio of 54.44, a PEG ratio of 2.07 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 12-month low of $47.98 and a 12-month high of $69.26.

Insider Activity at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total transaction of $286,304.04. Following the transaction, the insider now owns 185,792 shares in the company, valued at $12,078,337.92. This trade represents a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.02% of the company’s stock.

Institutional Investors Weigh In On Chipotle Mexican Grill

Hedge funds and other institutional investors have recently modified their holdings of the stock. Transcendent Capital Group LLC lifted its position in Chipotle Mexican Grill by 950.0% in the third quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock worth $30,000 after purchasing an additional 475 shares during the period. Mowery & Schoenfeld Wealth Management LLC bought a new position in Chipotle Mexican Grill in the third quarter worth $32,000. Capital Performance Advisors LLP bought a new position in Chipotle Mexican Grill in the third quarter worth $33,000. Quarry LP bought a new position in Chipotle Mexican Grill in the second quarter worth $37,000. Finally, Global Trust Asset Management LLC bought a new position in Chipotle Mexican Grill in the third quarter worth $35,000. Institutional investors and hedge funds own 91.31% of the company’s stock.

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.