Jared Garber, analyst at Goldman Sachs, reiterates coverage on Chipotle (CMG) in the Consumer sector with a Buy rating. TipRanks.com has Garber rated as a 2.5 star analyst with a 7% return on investment and a 62% success rate. Garber has set a price target of $2,190.00 .
TipRanks.com reports that CMG currently has 22 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $2,087.90 . The target pricing ranges from a high forecast of $2,600.00 down to a low forecast of $1,715.00 .
CMG’s last closing price was $1,786.29 which would put the average price target at 16.88% upside.
In addition, TradingView issued a Buy rating for CMG over the next month.
Remember, securities are volatile, so please do your own research on CMG.
Other analysts covering CMG include:
- John Glass of Morgan Stanley issued a hold with the price target of $1,929 on October 21st
- Will Slabaugh of Stephens issued a buy rate with the price target of $2,150 on October 21st
- Eric Gonzalez of KeyBanc issued a buy rate with the price target of $2,100 on October 21st
- Jon Tower of Wells Fargo issued a buy rate with the price target of $2,069 on October 21st
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