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Analysts Offer Insights on Services Companies: and Chipotle (CMG)

There’s a lot to be optimistic about in the Services sector as 1 analysts just weighed in on and Chipotle (CMGResearch Report) with bullish sentiments.

Chipotle (CMG)

Robert W. Baird analyst David Tarantino maintained a Buy rating on Chipotle on May 2. The company’s shares closed last Friday at $1354.53, close to its 52-week low of $1277.41.

According to TipRanks.com, Tarantino is a 4-star analyst with an average return of 7.7% and a 56.0% success rate. Tarantino covers the Services sector, focusing on stocks such as Restaurant Brands International, Cheesecake Factory, and BJ’s Restaurants.

Chipotle has an analyst consensus of Moderate Buy, with a price target consensus of $1893.37, representing a 40.8% upside. In a report issued on April 26, Stifel Nicolaus also maintained a Buy rating on the stock with a $1850.00 price target.

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