Telsey Advisory Group Begins Coverage on Chipotle Mexican Grill (NYSE:CMG)

Stock analysts at Telsey Advisory Group began coverage on shares of Chipotle Mexican Grill (NYSE:CMG) in a research report issued on Friday, Marketbeat.com reports. The brokerage set an “outperform” rating and a $50.00 price target on the restaurant operator’s stock. Telsey Advisory Group’s price target would suggest a potential upside of 24.69% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. Robert W. Baird decreased their target price on Chipotle Mexican Grill from $59.00 to $49.00 and set an “outperform” rating on the stock in a research report on Friday, October 10th. Barclays upped their price objective on Chipotle Mexican Grill from $38.00 to $44.00 and gave the stock an “equal weight” rating in a report on Wednesday. Truist Financial raised their target price on shares of Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday. Morgan Stanley decreased their price target on shares of Chipotle Mexican Grill from $59.00 to $50.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Finally, Zacks Research upgraded shares of Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and a consensus target price of $50.00.

Chipotle Mexican Grill Stock Performance

Shares of NYSE:CMG opened at $40.10 on Friday. The firm has a market cap of $53.02 billion, a price-to-earnings ratio of 35.49, a P/E/G ratio of 3.75 and a beta of 0.97. The firm has a fifty day moving average price of $34.57 and a 200 day moving average price of $40.96. Chipotle Mexican Grill has a fifty-two week low of $29.75 and a fifty-two week high of $59.57.

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 the consensus estimate of $0.29. Chipotle Mexican Grill had a net margin of 13.04% and a return on equity of 45.39%. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.06 billion. During the same quarter in the previous year, the company earned $0.27 EPS. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. As a group, research analysts predict that Chipotle Mexican Grill will post 1.29 earnings per share for the current year.

Hedge Funds Weigh In On Chipotle Mexican Grill

A number of large investors have recently made changes to their positions in the company. Operose Advisors LLC bought a new stake in Chipotle Mexican Grill in the second quarter worth about $25,000. Financial Life Planners purchased a new stake in shares of Chipotle Mexican Grill in the third quarter worth approximately $25,000. Wealth Watch Advisors INC bought a new stake in shares of Chipotle Mexican Grill during the 3rd quarter worth approximately $25,000. Salomon & Ludwin LLC purchased a new position in Chipotle Mexican Grill during the 3rd quarter valued at $26,000. Finally, 1248 Management LLC bought a new position in Chipotle Mexican Grill in the 1st quarter valued at $27,000. 91.30% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill News Summary

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

About Chipotle Mexican Grill

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.