Wedbush analyst Nick Setyan maintained a Hold rating on Texas Roadhouse (TXRH) yesterday and set a price target of $62. The company’s shares closed yesterday at $59.14, close to its 52-week low of $56.33.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 3.3% and a 53.2% success rate. Setyan covers the Services sector, focusing on stocks such as Dine Brands Global Inc, Del Taco Restaurants, and Jack In The Box Inc.
Currently, the analyst consensus on Texas Roadhouse is a Moderate Buy with an average price target of $66.57.
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The company has a one-year high of $75.24 and a one-year low of $56.33. Currently, Texas Roadhouse has an average volume of 801.6K.
Based on the recent corporate insider activity of 32 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.
