Is Chipotle Mexican Grill Stock in Trouble?
Chipotle Mexican Grill (NYSE: CMG) has been a top growth stock in the restaurant industry for years. Its rapid growth has made it a top investment to own, with shares rising by 300% over the course of the past decade.
Recently, however, the company lost its CEO, Brian Niccol, to Starbucks. Even the excitement surrounding Chipotle's 50-for-1 stock split hasn't been enough to prevent shares from falling of late. In the past three months, the stock is down 13%.
Is Chipotle's stock in trouble, or could this recent decline be a great buying opportunity for investors?
Source Fool.com
Chipotle Mexican Grill Inc. Stock
€51.27
-2.130%
The stock is one of the favorites of our community with 76 Buy predictions and 1 Sell predictions.
With a target price of 2370 € there is potential for a 4522.59% increase which would mean more than doubling the current price of 51.27 € for Chipotle Mexican Grill Inc..
