In a report released today, Brian Vaccaro from Raymond James maintained a Buy rating on Ruth’s Hospitality (RUTH), with a price target of $11.50. The company’s shares closed last Wednesday at $9.38.
According to TipRanks.com, Vaccaro ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -4.3% and a 44.8% success rate. Vaccaro covers the Services sector, focusing on stocks such as Carrols Restaurant Group, Brinker International, and Red Robin Gourmet.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ruth’s Hospitality with a $9.60 average price target.
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The company has a one-year high of $25.78 and a one-year low of $2.32. Currently, Ruth’s Hospitality has an average volume of 1.58M.
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Ruth’s Hospitality Group, Inc. engages in the development and operation of fine dining restaurants. It operates through the following segments: Company Owned Steakhouse Restaurants and Franchise Operations. The Company-Owned Steakhouse Restaurants segment operates restaurants under the Ruth’s Chris Steak House brand. The Franchise Operations segment includes franchisee-owned Ruth’s Chris Steak House restaurants. The company was founded by Ruth Fertel in 1965 and is headquartered in Winter Park, FL.
