Credit Suisse Keeps $290 Price Objective On Chipotle Mexican Grill (CMG), Keeps “Neutral” Rating; Egalet (EGLT)’s Sentiment Is 0.58

February 20, 2018 - By Clifton Ray

Egalet Corporation, a specialty pharmaceutical company, develops, makes, and commercializes treatments for patients with pain and other conditions. The company has market cap of $35.98 million. It has licensed three approved pain products, such as SPRIX Nasal Spray, a non-steroidal anti-inflammatory drug indicated in adult patients for the short-term management of moderate to moderately severe pain that requires analgesia at the opioid level; OXAYDO, an immediate-release oxycodone product designed to discourage abuse via snorting for the management of acute and chronic moderate to severe pain where an opioid is appropriate; and ARYMO ER, an extended-release morphine product formulated with abuse-deterrent (AD) properties for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. It currently has negative earnings. The firm is also developing Egalet-002, a Guardian Technology AD, ER, oral oxycodone formulation, which is in Phase III clinical trials for the same indication as ARYMO ER.

Among 44 analysts covering Chipotle Mexican Grill Inc. (NYSE:CMG), 10 have Buy rating, 6 Sell and 28 Hold. Therefore 23% are positive. Chipotle Mexican Grill Inc. has $850 highest and $23 lowest target. $424.13’s average target is 38.77% above currents $305.63 stock price. Chipotle Mexican Grill Inc. had 236 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Wedbush on Thursday, January 7 with “Neutral”. Telsey Advisory Group maintained it with “Market Perform” rating and $420 target in Thursday, April 28 report. The firm has “Neutral” rating given on Tuesday, December 22 by JP Morgan. RBC Capital Markets maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) rating on Wednesday, October 14. RBC Capital Markets has “Outperform” rating and $825 target. Barclays Capital maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) rating on Wednesday, February 3. Barclays Capital has “Equalweight” rating and $450 target. The stock has “Market Perform” rating by Telsey Advisory Group on Friday, July 22. Robert W. Baird maintained the stock with “Neutral” rating in Wednesday, September 7 report. The rating was maintained by Wedbush with “Neutral” on Wednesday, October 21. Canaccord Genuity maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) rating on Wednesday, March 16. Canaccord Genuity has “Hold” rating and $40 target. The firm has “Neutral” rating by UBS given on Wednesday, July 26.

Chipotle Mexican Grill, Inc., together with its subsidiaries, develops and operates Chipotle Mexican Grill restaurants. The company has market cap of $8.54 billion. As of December 31, 2016, the firm operated 2,198 Chipotle restaurants throughout the United States, as well as 29 international Chipotle restaurants; and 23 restaurants with non-Chipotle concepts. It has a 49.53 P/E ratio.

The stock increased 6.62% or $18.98 during the last trading session, reaching $305.63. About 2.74M shares traded or 104.56% up from the average. Chipotle Mexican Grill, Inc. (NYSE:CMG) has risen 7.62% since February 20, 2017 and is uptrending. It has underperformed by 9.08% the S&P500.

Since February 15, 2018, it had 1 insider purchase, and 0 selling transactions for $145,440 activity. Shares for $145,440 were bought by CAPPUCCIO PAUL T on Thursday, February 15.

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.40, from 1.09 in 2017Q2. It dived, as 95 investors sold Chipotle Mexican Grill, Inc. shares while 157 reduced holdings. 43 funds opened positions while 132 raised stakes. 24.58 million shares or 1.73% less from 25.02 million shares in 2017Q2 were reported. Ls Invest Advisors Ltd Com has invested 0.02% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Davidson Invest Advisors reported 13,697 shares. Nomura Hldg holds 1,332 shares or 0% of its portfolio. Jump Trading Llc reported 974 shares or 0.05% of all its holdings. Susquehanna Int Grp Ltd Liability Partnership holds 243,980 shares or 0.03% of its portfolio. Texas Permanent School Fund holds 6,953 shares. Balyasny Asset Management Limited holds 0.01% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 8,961 shares. Nuveen Asset Mgmt Limited Liability Corp has invested 0% in Chipotle Mexican Grill, Inc. (NYSE:CMG). 180 were accumulated by Amica Retiree Tru. Generation Investment Llp has 2.75% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 931,019 shares. Tompkins Fincl Corporation reported 20 shares. Manchester Limited Company has invested 0% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Pershing Square Capital Mgmt Ltd Partnership invested in 17.35% or 2.88M shares. Perigon Wealth Management Limited Liability Corporation has 2 shares. Boston Common Asset Mgmt Ltd Liability Co holds 0.34% or 8,909 shares.

Armistice Capital Llc holds 0.31% of its portfolio in Egalet Corporation for 2.05 million shares. New Jersey Better Educational Savings Trust owns 120,000 shares or 0.13% of their US portfolio. Moreover, Highbridge Capital Management Llc has 0.08% invested in the company for 4.25 million shares. The New Jersey-based Nj State Employees Deferred Compensation Plan has invested 0.08% in the stock. Sabby Management Llc, a New Jersey-based fund reported 721,050 shares.

The stock decreased 0.73% or $0.0058 during the last trading session, reaching $0.7836. About 444,715 shares traded. Egalet Corporation (EGLT) has declined 46.67% since February 20, 2017 and is downtrending. It has underperformed by 63.37% the S&P500.

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