Brokers Issue New Targets On Chipotle Mexican Grill, Inc. (NYSE:CMG)

Marco Green
August 22, 2017

(NYSE:CMG). Moreover, Riverpark Advsrs Limited Liability Company has 0.86% invested in Chipotle Mexican Grill, Inc. It has a 64.68 P/E ratio. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions. BlackRock Inc. now owns 2,424,479 shares of the restaurant operator's stock valued at $1,080,155,000 after buying an additional 2,353,372 shares in the last quarter. Papp L Roy & Associates sold 7,091 shares as Exxon Mobil Corp (XOM)'s stock rose 0.21%. About 1 shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since August 22, 2016 and is downtrending. It has outperformed by 22.82% the S&P500.

Since May 11, 2017, it had 1 insider purchase, and 4 sales for $1.73 million activity. Institutions are now holders of 92.10% of the shares. About 296,259 shares traded. On Wednesday, March 15 Rosa David J. sold $3.75M worth of Intuitive Surgical, Inc. First Manhattan invested in 0% or 524 shares. 109,100 shares valued at $33.58 million were sold by Straubel Jeffrey B on Monday, May 8. 500 shares were sold by FIELD JOHN DOUGLAS, worth $129,176. (NYSE:CMG) were released by: Fool.com and their article: "Chipotle Mexican Grill, Inc.: Solid Q2 Results Show Investor Fears Are Misplaced" published on July 29, 2017 as well as Investorplace.com's news article titled: "Is Chipotle Mexican Grill, Inc". Therefore 60% are positive. Qualcomm Inc. had 95 analyst reports since July 23, 2015 according to SRatingsIntel. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Maxim Group reissued a "hold" rating and set a $440.00 price objective on shares of Chipotle Mexican Grill in a research report on Tuesday, June 20th. The stock of Intuitive Surgical, Inc. The firm earned "Underperform" rating on Thursday, March 17 by Jefferies. The stock decreased 2.76% or $9.6 during the last trading session, reaching $337.86. Finally, Zacks Investment Research downgraded shares of Chipotle Mexican Grill from a "hold" rating to a "sell" rating in a research report on Wednesday, July 12th. Pacific Crest maintained the shares of TSLA in report on Wednesday, July 6 with "Sector Weight" rating.

Investors sentiment decreased to 0.64 in 2016 Q4. Its up 0.14, from 0.91 in 2016Q3. It dropped, as 84 investors sold CMG shares while 198 reduced holdings. 73 funds opened positions while 196 raised stakes. Riverhead Management Ltd Liability Corp holds 0.02% or 778 shares. Df Dent Inc invested in 0.01% or 730 shares. (NASDAQ:QCOM) for 16,437 shares. Hudock Cap Grp Inc Ltd accumulated 75 shares or 0.03% of the stock. Da Davidson Co holds 1,675 shares or 0.02% of its portfolio. The stock decreased 2.05% or $6.53 on August 18, reaching $311.24. Kbc Nv owns 0.05% invested in Intuitive Surgical, Inc. Bradley Foster Sargent Ct invested in 0.02% or 7,418 shares. Recently, investment analysts covering the stock have updated the mean rating to 2.8. Tfs Cap Limited Liability Com invested in 0.14% or 7,235 shares. Legacy Capital Inc accumulated 25,815 shares. Boston Common Asset Limited Liability Co invested 0.18% of its portfolio in QUALCOMM, Inc. Assetmark has 5,336 shares for 0.01% of their portfolio. Pnc Fin Serv Gru reported 0% of its portfolio in Darden Restaurants, Inc. Natixis holds 56,338 shares or 0.12% of its portfolio. TIAA CREF Investment Management LLC now owns 322,802 shares of the restaurant operator's stock valued at $143,815,000 after buying an additional 9,751 shares during the period. It also reduced Wright Med Group N V stake by 46,028 shares and now owns 458,977 shares. Enbridge Inc (NYSE:ENB) was reduced too. Clearbridge Investments LLC raised its stake in Chipotle Mexican Grill by 13.7% in the first quarter. Sandy Spring Savings Bank owns 67 shares. These types of traders like to get in well ahead of a large spike, so it's always a smart move to monitor unusual volume. It has underperformed by 20.92% the S&P500.

On July 19 the company was set at "Market Perform" by Wells Fargo which is down from the previous "Outperform" rating. Stephens boosted their price target on shares of Chipotle Mexican Grill from $325.00 to $350.00 and gave the stock an "underweight" rating in a research report on Wednesday, April 26th. The lowest target is $280.0 while the high is $483.0. The brokerage now has a $435.00 price objective on the restaurant operator's stock, down from their prior price objective of $470.00. CMG was included in 11 notes of analysts from September 8, 2016. Chipotle Mexican Grill, Inc. On Monday, May 1 the stock rating was maintained by BMO Capital Markets with "Hold". The company was maintained on Wednesday, July 19 by Credit Suisse. The company was upgraded on Thursday, January 14 by CLSA. The stock of Exxon Mobil Corporation (NYSE:XOM) earned "Neutral" rating by UBS on Monday, May 2. (NYSE:CMG) on Tuesday, June 27 with "Neutral" rating.

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