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的第三季度業績不會遭受太大爭議。Chipotle對整個季度和第四季度持續增長勢頭的積極評價，加上旨在提高運營效率和持續投入科技的倡議帶來的持久優勢，預計將提升同店銷售額，並可能隨時間推移降低長期成本指標。
Chipotle的第四季度可比銷售額符合預期，盈利略高於預期。儘管如此，與長期預期相比，來自第四季度的挑戰性比較以及未隨後上漲的價格上漲，再加上對2025年新單位增長前景持更爲保守看法，導致投資者情緒更加謹慎。
Chipotle第三季度收益超出預期，得益於有利的一般和管理費用、餐廳毛利率和稅率，儘管同店銷售增長略低於預期。公司注意到9月和10月的客流趨勢有所上升。然而，價格逐漸回落的跡象表明第四季度將延續第三季度開始的較慢可比增長趨勢。
公司已經提高了估計值，並認爲第四季度同店銷售指引，預計在5%至5.5%之間，似乎可實現。此外，存在價格上漲的可能性，這可能作爲一項應急措施。
Chipotle的第三季度收益超出預期，儘管其6%的同店銷售增長未達到預期的6.5%。管理層預測，與第三季度相比，第四季度的交易增長將略有上升，預計季度價格將增長超過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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