RBC Capital Reduces PT on Chipotle Mexican Grill (CMG) Ahead of Q1 Earnings

​The Street has a bullish sentiment connected Chipotle Mexican Grill, Inc. (NYSE:CMG) arsenic 67% of the 42 analysts covering the banal person a Buy standing connected the stock. Moreover, the mean 12-month terms people connected the banal suggests much than 22% upside from the existent level.

​Recently, connected April 17, RBC Capital lowered the firm’s terms people connected the banal from $50 to $45, portion maintaining a Buy standing connected the shares. The standing comes up of the company’s FQ1 2026 earnings, expected to beryllium released connected April 29. RBC expects the same-store income to bushed the statement estimates slightly. The optimism for the income bushed is based connected an easier year-over-year examination arsenic user postulation declined successful February 2025.

​Moreover, the steadfast expects the institution to reiterate level same-store-sales guidance for fiscal 2026, chiefly owed to macroeconomic uncertainties from user spending pressures. However, RBC sees country for betterment arsenic the conditions get amended aboriginal successful the year.

​Chipotle Mexican Grill, Inc. (NYSE:CMG) is simply a planetary fast-casual edifice concatenation known for customizable burritos, tacos, bowls, and salads, emphasizing high-quality, responsibly sourced ingredients and classical cooking methods, operating implicit 3,900 locations by precocious 2025.

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