Chipotle Mexican Grill (CMG) Earns Daily Media Impact Score of -0.05

News coverage about Chipotle Mexican Grill (NYSE:CMG) has trended somewhat negative recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Chipotle Mexican Grill earned a news sentiment score of -0.05 on Accern’s scale. Accern also gave media headlines about the restaurant operator an impact score of 44.0510054577465 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

CMG has been the topic of a number of research analyst reports. Piper Jaffray Companies set a $510.00 price target on shares of Chipotle Mexican Grill and gave the stock a “buy” rating in a report on Wednesday, October 11th. SunTrust Banks set a $390.00 target price on shares of Chipotle Mexican Grill and gave the company a “buy” rating in a report on Thursday, October 19th. Maxim Group reduced their target price on shares of Chipotle Mexican Grill from $435.00 to $420.00 and set a “buy” rating on the stock in a report on Thursday, October 19th. Barclays reduced their target price on shares of Chipotle Mexican Grill from $370.00 to $325.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 18th. Finally, Morgan Stanley reduced their target price on shares of Chipotle Mexican Grill from $350.00 to $310.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 25th. They noted that the move was a valuation call. Seven analysts have rated the stock with a sell rating, twenty-four have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $359.78.

Shares of Chipotle Mexican Grill (NYSE CMG) traded up $2.04 during midday trading on Monday, reaching $313.68. 138,672 shares of the company traded hands, compared to its average volume of 1,000,795. The company has a market capitalization of $8,798.51, a price-to-earnings ratio of 53.73, a price-to-earnings-growth ratio of 1.81 and a beta of 0.59. Chipotle Mexican Grill has a 12 month low of $263.00 and a 12 month high of $499.00.

COPYRIGHT VIOLATION NOTICE: “Chipotle Mexican Grill (CMG) Earns Daily Media Impact Score of -0.05” was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another site, it was copied illegally and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://www.dispatchtribunal.com/2018/02/05/somewhat-critical-press-coverage-somewhat-unlikely-to-impact-chipotle-mexican-grill-cmg-share-price.html.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.

Insider Buying and Selling by Quarter for Chipotle Mexican Grill (NYSE:CMG)

Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply