Analyst Coverage

Chipotle Mexican Grill Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Chipotle Mexican Grill Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Chipotle Mexican Grill Inc. or its management. Chipotle Mexican Grill Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

Firm Analyst
Barclays Capital
Jeff Bernstein
Bernstein Research
Sara Senatore
BMO Capital Markets
Andrew Strelzik
BofA Merrill Lynch
Greg Francfort
BTIG
Peter Saleh
Buckingham
John Zolidis
Citi
Greg Badishkanian
Cleveland Research Company
Steve Gojak
Cowen
Andrew Charles
Credit Suisse
Jason West
Deutsche Bank
Brett Levy
Evercore ISI
Matt McGinley
Goldman Sachs
Karen Holthouse
Guggenheim Securities
Matt DiFrisco
Jefferies
Andrew Barish
JP Morgan
John Ivankoe
Longbow Research
Alton Stump
Maxim
Stephen Anderson
Morgan Stanley
John Glass
Nomura
Mark Kalinowski
Oppenheimer
Brian Bittner
Piper Jaffray
Nicole Miller Regan
Raymond James
Bryan Elliott
RBC Capital Markets
David Palmer
Robert W. Baird & Co.
David Tarantino
Stephens
Will Slabaugh
Stifel Financial
Paul Westra
SunTrust
Jake Bartlett
Telsey Advisory
Bob Derrington
UBS
Dennis Geiger
Wedbush
Nick Setyan
Wells Fargo
Jeff Farmer
William Blair & Company
Sharon Zackfia
Chipotle Mexican Grill Inc is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Chipotle Mexican Grill Inc's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Chipotle Mexican Grill Inc or its management. Chipotle Mexican Grill Inc does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.