Robert W. Baird Believes Texas Roadhouse (TXRH) Won’t Stop Here


Robert W. Baird analyst David Tarantino maintained a Buy rating on Texas Roadhouse (TXRH) on February 15. The company’s shares closed last Wednesday at $85.54, close to its 52-week high of $90.00.

According to TipRanks.com, Tarantino is a 5-star analyst with an average return of 15.1% and a 69.8% success rate. Tarantino covers the Services sector, focusing on stocks such as Restaurant Brands International, Domino’s Pizza, and Wingstop.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Texas Roadhouse with a $85.57 average price target, a 0.9% upside from current levels. In a report issued on February 8, Truist Financial also maintained a Buy rating on the stock with a $100.00 price target.

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The company has a one-year high of $90.00 and a one-year low of $25.15. Currently, Texas Roadhouse has an average volume of 745K.

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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. The firm also offers its guests a selection of ribs, fish, seafood, chicken, pork chops, pulled pork and vegetable plates, an assortment of hamburgers, salads and sandwiches. It also provides supervisory and administrative services for other license and franchise restaurants. The company was founded by W. Kent Taylor on February 17, 1993 and is headquartered in Louisville, KY.

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