Texas Roadhouse (TXRH) Gets a Hold Rating from Wedbush


In a report released today, Nick Setyan from Wedbush maintained a Hold rating on Texas Roadhouse (NASDAQ: TXRH), with a price target of $67. The company’s shares closed on Friday at $75.17, close to its 52-week high of $75.24.

According to TipRanks.com, Setyan is a 5-star analyst with an average return of 10.0% and a 68.6% success rate. Setyan covers the Services sector, focusing on stocks such as Del Taco Restaurants, Jack In The Box Inc, and Cheesecake Factory.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Texas Roadhouse with a $67.75 average price target.

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Texas Roadhouse’s market cap is currently $5.37B and has a P/E ratio of 34.01. The company has a Price to Book ratio of 5.92.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock.

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Texas Roadhouse, Inc. is a full-service, casual dining restaurant chain, which offers assorted seasoned and aged steaks hand-cut daily on the premises and cooked to order over open gas-fired grills. It operates restaurants under the Texas Roadhouse and Aspen Creek names.

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