In a recent assessment, Barclays has revised its price target for Chipotle Mexican Grill (CMG, Financial), reducing it from $60 to $56 while maintaining an Equal Weight rating. This adjustment comes as part of the firm's Q1 outlook for the restaurant sector, which has faced adverse weather conditions early in the quarter, affecting comparable sales. Although there was a partial recovery in March, the rebound was not sufficient to offset earlier impacts, suggesting a deeper trend of weakening consumer expenditure.
The analysis highlights that while many restaurants are largely shielded from supply chain disruptions caused by tariffs, they are not as protected from subsequent declines in consumer demand. This trend poses significant challenges for the sector as it navigates fluctuating consumer spending patterns.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for Chipotle Mexican Grill Inc (CMG, Financial) is $63.00 with a high estimate of $73.00 and a low estimate of $46.12. The average target implies an upside of 35.40% from the current price of $46.53. More detailed estimate data can be found on the Chipotle Mexican Grill Inc (CMG) Forecast page.
Based on the consensus recommendation from 36 brokerage firms, Chipotle Mexican Grill Inc's (CMG, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Chipotle Mexican Grill Inc (CMG, Financial) in one year is $60.66, suggesting a upside of 30.37% from the current price of $46.53. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Chipotle Mexican Grill Inc (CMG) Summary page.
