Chipotle's Stock Is at All-Time Highs: Is It Too Late to Invest?
One of the top growth stocks in the restaurant business is undoubtedly Chipotle Mexican Grill (NYSE: CMG). It's often associated with high growth and success, with its strong numbers serving as benchmarks for other businesses.
Investors are frequently willing to pay significant premiums for a business like Chipotle, and that's evident in its valuation. Currently, the stock trades at an all-time high, up around 40% this year.
But has the valuation finally become too rich, and is now the time to pull away from the stock, or can it still be a good buy?
Source Fool.com
Chipotle Mexican Grill Inc. Stock
€2,874.5
-0.610%
The stock is one of the favorites of our community with 59 Buy predictions and 1 Sell predictions.
With a target price of 3085 € there is a slightly positive potential of 7.32% for Chipotle Mexican Grill Inc. compared to the current price of 2874.5 €.
