2 Companies That Could Eat Chipotle Mexican Grill's Lunch
In the summer of 2015, shareholders in Chipotle Mexican Grill, Inc. (NYSE: CMG) had enjoyed a stellar five-year return of 400%. Then the e-coli scandals came along, kneecapping Chipotle's seemingly unstoppable growth. Two-and-a-half years later, the burrito business has seen share prices plunging 57% lower.
I wouldn't bet on Chipotle making a comeback from these multi-year lows. Instead, you should look at Restaurant Brands International (NYSE: QSR) and Del Taco Restaurants (NASDAQ: TACO) -- both of whom are quite capable of beating Chipotle at its own game of affordable, high-quality food services.
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Source: Fool.com
Restaurant Brands Intl Inc. Stock
€67.04
1.120%
With 40 Buy predictions and not a single Sell prediction Restaurant Brands Intl Inc. is an absolute favorite of our community.
With a target price of 80 € there is a slightly positive potential of 19.33% for Restaurant Brands Intl Inc. compared to the current price of 67.04 €.
