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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美东时间10月31日，多家华尔街大行更新了$奇波雷墨西哥烧烤 (CMG.US)$的评级，目标价介于65美元至72美元。
摩根士丹利分析师Brian Harbour维持持有评级，维持目标价65美元。
美银证券分析师Sara Senatore维持买入评级。
富国集团分析师Zachary Fadem维持买入评级，并将目标价从66美元上调至67美元。
Evercore分析师David Palmer维持买入评级，维持目标价70美元。
TD Cowen分析师Andrew Charles维持买入评级，维持目标价68美元。
此外，综合报道，$奇波雷墨西哥烧烤 (CMG.US)$近期主要分析师观点如下：
该公司预计Chipotle第三季度的业绩将受到很少争议。Chipotle对整个季度以及进入第四季度持续增长的积极评价，加上旨在提高运营效率和持续投资于技术的各项举措带来的长期优势，预计将提升同店销售额，并可能随着时间推移降低长期成本指标。
Chipotle第四季度的可比销售额符合预期，而盈利略高于预测。尽管如此，由于第四季度的挑战性比较以及价格调整未随后增加，再加上对2025年新店增长的保守展望相较于长期预期，导致投资者情绪更加谨慎。
Chipotle第三季度的盈利超出预期，这归因于有利的一般和管理费用、餐厅利润和税率，尽管同店销售增长略低于预期。公司在九月和十月间观察到流量趋势上升。尽管如此，价格调整趋缓的迹象表明第三季度开始的较慢可比增长趋势可能持续到第四季度。
该公司增加了预期，并认为第四季度同店销售的指导范围将会在5%至5.5%之间，看起来是可以实现的。此外，还存在价格上涨的可能性，这可能作为一项应急措施。
Chipotle第三季度的盈利超出预期，尽管其同店销售增长率为6%，未达到预期的6.5%。管理层预测第四季度的交易增长将略高于第三季度，估计价格将在本季度略微增长超过1%。
以下为今日11位分析师对$奇波雷墨西哥烧烤 (CMG.US)$的最新投资评级及目标价：
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