Chipotle: Time to Move On?
Chipotle (NYSE: CMG) has had a rough few years, to put it lightly.
The fast-casual Mexican chain was on top of the world for nearly all of its first decade as a public company beginning with its January 2006 IPO. On the day of its IPO shares closed at $44 per share, double its initial public offering price of $22.
The company went from strength to strength as people discovered and took delight in its simple menu and fresh ingredients, including naturally raised meat and organic produce. Shares of Chipotle peaked at over $750 in July 2015, the summer before the food scare that was heard around the world.
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
€32.55
0.770%
With 61 Buy predictions and not a single Sell prediction Chipotle Mexican Grill Inc. is an absolute favorite of our community.
As a result the target price of 39 € shows a slightly positive potential of 19.82% compared to the current price of 32.55 € for Chipotle Mexican Grill Inc..
