Robert W. Baird analyst David Tarantino maintained a Buy rating on Chipotle on Thursday, setting a price target of $2150, which is approximately 19.96% above the present share price of $1792.21.
Tarantino expects Chipotle to post earnings per share (EPS) of $6.68 for the fourth quarter of 2021.
The current consensus among 22 TipRanks analysts is for a Strong Buy rating of shares in Chipotle, with an average price target of $1995.62.
The analysts price targets range from a high of $2600 to a low of $150.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.89 billion and a net profit of $249.79 million. The company's market cap is $50.35 billion.
According to TipRanks.com, Robert W. Baird analyst David Tarantino is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.4% and a 71.17% success rate.
Chipotle Mexican Grill (NYSE:CMG), Inc. is a Mexican food restaurant chain operator. It engages in the development and operation of fast-casual, fresh Mexican food restaurants throughout the United States. It offers a focused menu of burritos, burrito bowls, tacos, and salads cooked through traditional methods and served in a unique atmosphere.