Why Deutsche Bank Is Worried About Chipotle

Deutsche Bank is sounding the alarm on Chipotle (CMG) - Get Report shares, maintaining its sell rating on the stock and $280 price target.

The stock currently trades at roughly $396 a share.

While the analysts acknowledge that comparable-store sales will be more favorable in 2017, they think the company faces an "uphill battle to regain prior sales, profits and valuation levels."

Chipotle is still reeling from its devastating 2015 E. coli outbreak. Shares of Chipotle actually rose more than 1% on Friday.