Chipotle Mexican Grill Inc (CMG) Stock AnalysisCMGChipotle Mexican Grill Inc

Chipotle Mexican Grill, Inc. is a restaurant company. The Company develops and operates restaurants that serve a menu of burritos, burrito bowls, quesadillas, tacos, and salads, made using fresh ingredients. The Company operates approximately 3839 restaurants in the United States, Canada, the United Kingdom, France, Germany, Kuwait, and United Arab Emirates. It owns and operates all its restaurants in North America and Europe. The Company is focused in serving sourced, classically cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Its menu includes Burrito, Burrito Bowl, Lifestyle Bowl, Quesadilla, Salad, Tacos, Kid’s Meal, Chips and Sides, and Build your Own (digital only). It also includes Raymonte’s Chicken Bowl, The Mr. Fantasy Burrito, Carne Asada, Build-Your-Own Chipotle, catering and group order. Its subsidiaries include Chipotle Mexican Grill Canada Corp., Chipotle Mexican Grill France SAS, among others. It operates in the Consumer Cyclicals sector (RETAIL-EATING PLACES industry).

Chipotle Mexican Grill Inc is not a good buy right now. The current price is $27.52, which is significantly lower than the analyst price target of $53 from BofA, but the stock has seen a year-to-date change of -26.59% and a 1-year change of -32.98%. Additionally, the RSI is at a very low 12.798, indicating oversold conditions, but this could suggest further downside risk. The main risk is the declining revenue growth, which is only 12.3% year-over-year compared to competitors like Dutch Bros at 35.9%.

35 analysts cover CMG: 7 rate it Buy, 23 Hold and 5 Sell. The average price target is 45.95.