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Sohini Mondal

Are Wall Street Analysts Predicting Chipotle Mexican Grill Stock Will Climb or Sink?

Chipotle Chipotle Mexican Grill CMG

Valued at a market cap of $68.7 billion, Chipotle Mexican Grill, Inc. (CMG) is a leading quick-casual restaurant chain known for its fresh Mexican-inspired cuisine. With a commitment to responsibly sourced ingredients and a streamlined menu, the company operates locations across the U.S. and internationally.

Shares of the Newport Beach, California-based company have lagged behind the broader market over the past 52 weeks. CMG has dropped 19.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 11.6%. In addition, shares of Chipotle Mexican Grill are down 15.4% on a YTD basis, lagging behind SPX’s marginal increase.

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