Jefferies analyst Andy Barish reiterated a Hold rating on Chipotle (NYSE: CMG) on July 12 and set a price target of $400. The company’s shares opened today at $452.06, close to its 52-week high of $474.46.
According to TipRanks.com, Barish is a 4-star analyst with an average return of 5.7% and a 52.1% success rate. Barish covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Ruth’s Hospitality, and Cheesecake Factory.
Currently, the analyst consensus on Chipotle is a Hold with an average price target of $406.95, which is a -10.0% downside from current levels. In a report issued on June 28, Maxim Group also maintained a Hold rating on the stock with a $420 price target.
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The company has a one-year high of $474.46 and a one-year low of $247.52. Currently, Chipotle has an average volume of 876.2K.
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Chipotle Mexican Grill, Inc. engages in the development and operation of fast-casual, fresh Mexican food restaurants throughout the U.S. It offers focused menu of burritos, tacos, burrito bowls, and salads, prepared using classic cooking methods. The company was founded by Steve Ells in 1993 and is headquartered in Denver, CO.
