Chipotle Mexican Grill (CMG) Set to Announce Quarterly Earnings on Thursday
Chipotle Mexican Grill (NYSE:CMG) is set to announce its earnings results on Thursday, January 30th. Parties interested in registering for the company’s conference call can do so using this link.
Chipotle Mexican Grill (NYSE:CMG) opened at 491.87 on Wednesday. Chipotle Mexican Grill has a 52 week low of $302.50 and a 52 week high of $550.28. The stock has a 50-day moving average of $522. and a 200-day moving average of $469.9. The company has a market cap of $15.220 billion and a price-to-earnings ratio of 49.56.
CMG has been the subject of a number of recent research reports. Analysts at Oppenheimer downgraded shares of Chipotle Mexican Grill from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, January 24th. On a related note, analysts at Wedbush downgraded shares of Chipotle Mexican Grill from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, January 24th. They now have a $510.00 price target on the stock, up previously from $503.45. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and fifteen have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $504.18.
Chipotle Mexican Grill, Inc and its subsidiaries (NYSE:CMG) operate restaurants throughout the United States, as well as two restaurants in Toronto, Canada and two in London, England.
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