Chipotle Mexican Grill (CMG) Misses Q3 EPS by 4c

RBC Capital Sees Offsite Ordering as Sales Opportunity for Chipotle Mexican Grill (CMG); Reiterates Outperform

October 21, 2015 9:43 AM EDT

RBC Capital reiterated an Outperform rating and $825.00 price target on Chipotle Mexican Grill (NYSE: CMG), and believes that the company's offsite ordering represents an important sales opportunity.

Analyst David Palmer commented, "We are maintaining our price target and trimming our EPS estimates... More

Wedbush Cuts Price Target on Chipotle Mexican Grill (CMG) Following EPS Miss

October 21, 2015 7:57 AM EDT

Wedbush reiterated a Neutral rating on Chipotle Mexican Grill (NYSE: CMG), and cut the price target to $700.00 (from $740.00), following the company's 3Q15 earnings results. EPS of $4.59 was slightly below $4.62 consensus.

Analyst Nick Setyan commented, "October comps are trending in-line with the August & September... More

Chipotle Mexican Grill (CMG) Numbers Cut at Jefferies; Analyst Sees 'Normalizing Trends'

October 21, 2015 7:18 AM EDT

Jefferies analyst Andy Barish reiterated a Hold rating and trimmed estimates and his price target on Chipotle Mexican Grill (NYSE: CMG) to $680.00 (from $700.00). The analyst said normalizing trends should potentially hit valuation.

Barish commented, "3Q EPS misses our/Cons. expectations as in... More

Piper Jaffray Trims Numbers on Chipotle Mexican Grill (CMG) Post Q3

October 21, 2015 7:06 AM EDT

Piper Jaffray analyst Nicole Miller Regan reiterated an Overweight rating and lowered her price target on Chipotle Mexican Grill (NYSE: CMG) to $737.00 (from $764.00) following solid third quarter results.

Regan commented, "Chipotle reported 3Q15 results including same-store sales of +2.6% (vs. consensus expectations of +2.5% and on top... More

Subway shifting all U.S. meat supplies to no-antibiotics

October 20, 2015 2:25 PM EDT

By P.J. Huffstutter

CHICAGO (Reuters) - Sandwich chain Subway will start serving antibiotic-free chicken and turkey at its U.S. restaurants next year, and within the next nine years will stop selling any meat from animals given antibiotics, the company said on Tuesday.

Competitors such as Chipotle Mexican Grill Inc (NYSE: CMG) and McDonald's Corp (NYSE: MCD) have announced similar supply-chain shifts, adding pressure on U.S. livestock producers to cut human antibiotics from their beef, hogs and poultry production. Advocacy groups said... More