Up 80% This Year, Is Chipotle Stock a Genius Buy?
Who knew selling beans and rice could be so lucrative? Casual dining brand Chipotle Mexican Grill (NYSE: CMG) has sizzled over the past year. Shares are up a whopping 80%, easily outperforming the broader stock market.
But like its burritos can be, the stock is starting to feel heavy for investors. Remember, a great business doesn't necessarily make an outstanding stock if you pay too much.
So, where does Chipotle stand today, and what should investors' game plan be if they want to own shares?
Source Fool.com
Chipotle Mexican Grill Inc. Stock
€46.88
-1.170%
With 73 Buy predictions and 1 Sell predictions Chipotle Mexican Grill Inc. is one of the favorites of our community.
Based on the current price of 46.88 € the target price of 2425 € shows a potential of 5073.33% for Chipotle Mexican Grill Inc. which would more than double the current price.
