Equities Analysts Increase Earnings Estimates for Chipotle Mexican Grill, Inc. (NYSE:CMG)
Chipotle Mexican Grill, Inc. (NYSE:CMG) – Stock analysts at Piper Jaffray Companies lifted their Q3 2019 EPS estimates for Chipotle Mexican Grill in a research note issued to investors on Wednesday, August 28th, according to Zacks Investment Research. Piper Jaffray Companies analyst N. Regan now forecasts that the restaurant operator will earn $3.14 per share for the quarter, up from their previous forecast of $2.90. Piper Jaffray Companies has a “Overweight” rating and a $904.00 price target on the stock. Piper Jaffray Companies also issued estimates for Chipotle Mexican Grill’s FY2019 earnings at $13.19 EPS, Q3 2020 earnings at $4.48 EPS, FY2020 earnings at $17.35 EPS and FY2021 earnings at $21.15 EPS.