Chipotle Mexican Grill (NYSE:CMG) Given Coverage Optimism Score of 0.15
News headlines about Chipotle Mexican Grill (NYSE:CMG) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Chipotle Mexican Grill earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the restaurant operator an impact score of 47.4865384755339 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Can Taco Bell’s former chief restore Chipotle’s once sizzling growth? (latimes.com)
- Top Analyst Upgrades and Downgrades: AMD, Altice, Century Aluminum, Cerner, Chipotle, Cigna, GE, Micron, Noble … – 24/7 Wall St. (247wallst.com)
- Chipotle Mexican Grill (CMG) Given “Neutral” Rating at Wedbush (americanbankingnews.com)
- Movers of most recent trading session: Chipotle Mexican Grill, Inc. (NYSE:CMG), STAG Industrial, Inc. (NYSE:STAG) – The Oracle Examiner (oracleexaminer.com)
- UBS Group Reiterates $275.00 Price Target for Chipotle Mexican Grill (CMG) (americanbankingnews.com)
Chipotle Mexican Grill (CMG) traded down $4.35 during mid-day trading on Wednesday, reaching $322.45. The company’s stock had a trading volume of 135,496 shares, compared to its average volume of 1,331,282. Chipotle Mexican Grill has a 1 year low of $247.51 and a 1 year high of $499.00. The stock has a market capitalization of $9,042.70, a P/E ratio of 52.32, a PEG ratio of 2.22 and a beta of 0.59.
Several analysts have recently weighed in on the company. Credit Suisse Group reiterated a “neutral” rating and set a $275.00 target price (down from $330.00) on shares of Chipotle Mexican Grill in a research report on Wednesday, February 7th. Robert W. Baird decreased their price objective on Chipotle Mexican Grill from $310.00 to $295.00 and set a “neutral” rating for the company in a report on Wednesday, February 7th. Wedbush downgraded shares of Chipotle Mexican Grill from a “hold” rating to a “sell” rating and set a $280.00 target price for the company. in a report on Wednesday, February 7th. Barclays dropped their price target on Chipotle Mexican Grill from $325.00 to $305.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 7th. Finally, Royal Bank of Canada dropped their price target on Chipotle Mexican Grill to $310.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 7th. Eight analysts have rated the stock with a sell rating, twenty-three have given a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $337.77.
In other Chipotle Mexican Grill news, Director Paul T. Cappuccio purchased 500 shares of Chipotle Mexican Grill stock in a transaction that occurred on Thursday, February 15th. The stock was purchased at an average price of $290.88 per share, with a total value of $145,440.00. Following the completion of the acquisition, the director now owns 766 shares of the company’s stock, valued at approximately $222,814.08. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Pershing Square Capital Manage acquired 420,322 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were purchased at an average price of $318.14 per share, for a total transaction of $133,721,241.08. The disclosure for this purchase can be found here. Insiders purchased 423,822 shares of company stock valued at $134,819,781 in the last three months. 2.01% of the stock is currently owned by company insiders.
About Chipotle Mexican Grill
Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.
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