Truist Financial Boosts Chipotle Mexican Grill (NYSE:CMG) Price Target to $50.00

Chipotle Mexican Grill (NYSE:CMG) had its price target increased by equities research analysts at Truist Financial from $45.00 to $50.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the restaurant operator’s stock. Truist Financial’s price target suggests a potential upside of 24.69% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Chipotle Mexican Grill in a research report on Monday, December 29th. Jefferies Financial Group dropped their target price on shares of Chipotle Mexican Grill from $48.00 to $44.00 and set a “hold” rating for the company in a report on Monday, October 13th. Barclays raised their target price on Chipotle Mexican Grill from $38.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Royal Bank Of Canada lowered their price target on Chipotle Mexican Grill from $58.00 to $40.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Chipotle Mexican Grill in a report on Thursday, December 18th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $50.00.

Chipotle Mexican Grill Trading Up 2.3%

NYSE CMG opened at $40.10 on Thursday. The firm has a market cap of $53.02 billion, a PE ratio of 35.49, a price-to-earnings-growth ratio of 3.66 and a beta of 0.97. Chipotle Mexican Grill has a 1-year low of $29.75 and a 1-year high of $59.57. The stock has a 50-day moving average of $34.57 and a 200-day moving average of $41.06.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 EPS for the quarter, hitting analysts’ consensus estimates of $0.29. Chipotle Mexican Grill had a return on equity of 45.39% and a net margin of 13.04%.The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.06 billion. During the same period in the previous year, the firm earned $0.27 EPS. The business’s quarterly revenue was up 7.5% on a year-over-year basis. As a group, equities research analysts forecast that Chipotle Mexican Grill will post 1.29 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Chipotle Mexican Grill

Several hedge funds have recently made changes to their positions in the company. Scott & Selber Inc. raised its holdings in Chipotle Mexican Grill by 148.2% in the fourth quarter. Scott & Selber Inc. now owns 86,885 shares of the restaurant operator’s stock worth $3,215,000 after purchasing an additional 51,876 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of Chipotle Mexican Grill by 32.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 4,266,619 shares of the restaurant operator’s stock worth $157,865,000 after buying an additional 1,053,639 shares during the period. Park Place Capital Corp increased its stake in shares of Chipotle Mexican Grill by 214.0% in the 4th quarter. Park Place Capital Corp now owns 3,165 shares of the restaurant operator’s stock worth $117,000 after acquiring an additional 2,157 shares in the last quarter. 180 Wealth Advisors LLC lifted its position in Chipotle Mexican Grill by 379.8% during the 4th quarter. 180 Wealth Advisors LLC now owns 58,513 shares of the restaurant operator’s stock valued at $2,165,000 after acquiring an additional 46,317 shares during the period. Finally, Norway Savings Bank lifted its position in Chipotle Mexican Grill by 3.3% during the 4th quarter. Norway Savings Bank now owns 22,841 shares of the restaurant operator’s stock valued at $845,000 after acquiring an additional 736 shares during the period. 91.30% of the stock is currently owned by institutional investors.

Key Chipotle Mexican Grill News

Here are the key news stories impacting Chipotle Mexican Grill this week:

• Positive Sentiment: Telsey Advisory Group initiated coverage with an Outperform rating and a $50 price target — a fresh analyst endorsement that signals confidence in Chipotle’s growth story and likely helped buying interest. Telsey Initiation
• Positive Sentiment: Truist raised its price target to $50 and kept a Buy view, another firm pushing upside expectations that supports the rally. Truist PT Raise
• Positive Sentiment: Analysts are highlighting Chipotle’s strong earnings‑surprise history and the company’s setup to beat again, which bolsters confidence ahead of future reports. Zacks Earnings Beat Thesis
• Positive Sentiment: Product strategy: Chipotle’s push of higher‑protein menu options aimed at GLP‑1 users is being viewed by analysts as a demand catalyst and potential market share win among health‑focused consumers. Benzinga High‑Protein Push
• Positive Sentiment: Barclays and other brokers are publicly forecasting upside, adding to the positive analyst tone supporting the stock. Barclays Note
• Neutral Sentiment: Bernstein reiterated an Outperform rating but cut its price target to $40 — a mixed signal that keeps medium‑term conviction but reduces near‑term upside. Bernstein Note
• Neutral Sentiment: Mizuho nudged its target to $38 with a Neutral rating, reflecting more cautious positioning by some sell‑side desks amid recent gains. Mizuho Note
• Negative Sentiment: Valuation and momentum concerns: several pieces question whether the recent rebound has stretched pricing relative to fundamentals (P/E near decade lows versus past but still elevated vs. peers) — this commentary can cap upside and prompt profit‑taking. Yahoo: Pricing Stretched?
• Negative Sentiment: Macro/consumer risk: opinion pieces label Chipotle as a possible “value trap” if same‑store sales weakness persists; new federal nutrition guidelines also introduce uncertainty about dining‑out behavior. Fool: Value Trap Analysis CNBC: Nutrition Guidelines

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.