Chipotle Stock: Buy, Sell, or Hold?
Beloved restaurant chain Chipotle Mexican Grill (NYSE: CMG) has gotten a reputation for serving up delicious flavors and hot investment returns. The stock has returned nearly 6,000% over its lifetime, far exceeding the S 500's corresponding performance.
However, shares have cooled off lately after Starbucks lured away the company's popular CEO. Strong leadership is crucial for companies to perform up to their potential, so it's certainly a loss that Chipotle will have to deal with.
However, the stock's recent decline might be more of an indicator of a buying opportunity than a red flag to sell. Chipotle has the growth recipe and the opportunities to produce big-time investment returns -- if the company's new CEO can continue where Brian Niccol left off.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
The stock is one of the favorites of our community with 67 Buy predictions and 1 Sell predictions.
With a target price of 51 € there is a positive potential of 47.76% for Chipotle Mexican Grill Inc. compared to the current price of 34.52 €.
