Chipotle: Buy, Sell, or Hold?
Chipotle Mexican Grill (NYSE: CMG) has seen some pretty smooth sailing these past few years coming out of the pandemic. This has been the case until recently when the company received a jolt when its CEO surprisingly decided to jump ship to Starbucks.
Let's look at three things to consider when evaluating the stock and whether it is ultimately a buy, sell, or hold.
Former CEO Brian Niccol did a lot of good things at Chipotle. After taking the helm at the Mexican fast-casual chain in 2018, he helped the company rebound from the food-borne illness issues the restaurant was dealing with before he joined.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
The stock is one of the favorites of our community with 77 Buy predictions and 1 Sell predictions.
With a target price of 2357 € there is potential for a 4548.0% increase which would mean more than doubling the current price of 50.71 € for Chipotle Mexican Grill Inc..