On Oct 31, major Wall Street analysts update their ratings for $Chipotle Mexican Grill (CMG.US)$, with price targets ranging from $65 to $72.
Morgan Stanley analyst Brian Harbour maintains with a hold rating, and maintains the target price at $65.
BofA Securities analyst Sara Senatore maintains with a buy rating.
Wells Fargo analyst Zachary Fadem maintains with a buy rating, and adjusts the target price from $66 to $67.
Evercore analyst David Palmer maintains with a buy rating, and maintains the target price at $70.
TD Cowen analyst Andrew Charles maintains with a buy rating, and maintains the target price at $68.
Furthermore, according to the comprehensive report, the opinions of $Chipotle Mexican Grill (CMG.US)$'s main analysts recently are as follows:
The firm anticipates minimal contention from Chipotle's Q3 outcomes. The positive remarks from Chipotle about the sustained momentum throughout the quarter and into Q4, coupled with the enduring advantages from initiatives aimed at improving operational efficiency and ongoing investments in technology, are expected to elevate same-store-sales and potentially reduce long-term cost metrics over time.
Chipotle's Q4 comparable sales aligned with expectations, while earnings slightly exceeded forecasts. Despite this, the challenging comparison from Q4 and the lapsing of prices without subsequent increases, along with a more reserved outlook for 2025's new unit growth in comparison to long-term projections, have led to a more cautious sentiment among investors.
Chipotle's third-quarter earnings surpassed estimates due to favorable general and administrative expenses, restaurant margins, and tax rates, even though same-store sales growth was marginally below expectations. The company observed an uptick in traffic trends during September and October. Nevertheless, the indication of moderated pricing points to a continuation of the slower comparable growth trend that began in the third quarter into the fourth quarter.
The firm has increased its estimates and holds the view that the guidance for fourth-quarter same-store sales, which is anticipated to be between 5% to 5.5%, appears attainable. Additionally, there's potential for a price increase which could serve as a contingency measure.
Chipotle's Q3 earnings surpassed expectations, although its comparable sales growth of 6% did not meet the anticipated 6.5%. Management forecasted a slight uptick in transaction growth in Q4 compared to Q3, with pricing projected to increase just over 1% for the quarter.
Here are the latest investment ratings and price targets for $Chipotle Mexican Grill (CMG.US)$ from 11 analysts:
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美東時間10月31日，多家華爾街大行更新了$奇波雷墨西哥燒烤 (CMG.US)$的評級，目標價介於65美元至72美元。
摩根士丹利分析師Brian Harbour維持持有評級，維持目標價65美元。
美銀證券分析師Sara Senatore維持買入評級。
富國集團分析師Zachary Fadem維持買入評級，並將目標價從66美元上調至67美元。
Evercore分析師David Palmer維持買入評級，維持目標價70美元。
TD Cowen分析師Andrew Charles維持買入評級，維持目標價68美元。
此外，綜合報道，$奇波雷墨西哥燒烤 (CMG.US)$近期主要分析師觀點如下：
公司預計Chipotle的第三季度業績將受到較少爭議。Chipotle對整個季度和第四季度持續增長態勢的積極評價，再加上旨在提高運營效率和持續投資於科技的舉措帶來的長期優勢，預計將提升同店銷售額，並有望隨時間推移降低長期成本指標。
Chipotle第四季度可比銷售額符合預期，盈利略高於預期。儘管如此，Q4難以比較和價格無隨後上漲導致對2025年新單位增長預期更爲保守，與長期預期相比，投資者的情緒更加謹慎。
Chipotle第三季度盈利超過預期，得益於有利的一般與行政費用、餐廳利潤和稅率，儘管同店銷售增長略低於預期。公司注意到9月和10月交易趨勢上升。然而，價格適度上漲的跡象表明緩慢同店增長趨勢仍將延續至第四季度。
公司已提升預期，並認爲第四季度同店銷售的指導預計將在5%至5.5%之間，看起來是可實現的。此外，存在提價的潛力，這可以作爲一種應急措施。
Chipotle第三季度盈利超出預期，儘管其比較銷售增長6%，低於預期的6.5%。管理層預測Q4的交易增長將略高於Q3，價格預計本季度將增長略超過1%。
以下爲今日11位分析師對$奇波雷墨西哥燒烤 (CMG.US)$的最新投資評級及目標價：
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