Chipotle Hasn't Fixed Its Biggest Problem
When Chipotle Mexican Grill, Inc. (NYSE: CMG) reported its financial results for the third quarter, investors had hoped that the company would finally get past slump that began nearly two years ago, during an outbreak of food-borne illnesses.
The company has faced numerous challenges in recent months as well, including another outbreak of norovirus, a breach that compromised customer payment data, and videos of mice in the dining area in a Dallas Chipotle location.
And now Chipotle's financial results have failed to excite investors. As a result, the stock crashed to its lowest level in nearly five years.
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
€29.90
1.360%
The stock is an absolute favorite of our community with 62 Buy predictions and no Sell predictions.
With a target price of 39 € there is a positive potential of 30.43% for Chipotle Mexican Grill Inc. compared to the current price of 29.9 €.
