Is Chipotle Stock a Buy After Its Historic Stock Split?
Restaurant chain Chipotle Mexican Grill (NYSE: CMG) capped an amazing run up in its share price this year with a 50-for-1 stock split in June. It was one of the largest stock splits in the history of the New York stock Exchange.
Explaining why the company did it, CFO Jack Hartung said, "We believe the stock split will make our stock more accessible to our employees as well as a broader range of investors."
With its historic stock split complete, is now the time to invest in Chipotle? Here's a look into the company to answer that question.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
€50.11
-1.180%
With 77 Buy predictions and 1 Sell predictions Chipotle Mexican Grill Inc. is one of the favorites of our community.
Based on the current price of 50.11 € the target price of 2357 € shows a potential of 4603.65% for Chipotle Mexican Grill Inc. which would more than double the current price.
