Raymond James analyst Brian Vaccaro maintained a Buy rating on Ruth’s Hospitality (RUTH) today and set a price target of $23.00. The company’s shares closed last Tuesday at $18.35.
According to TipRanks.com, Vaccaro is a 4-star analyst with an average return of 8.2% and a 54.2% success rate. Vaccaro covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Carrols Restaurant Group, and Brinker International.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ruth’s Hospitality with a $19.00 average price target.
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The company has a one-year high of $24.22 and a one-year low of $2.32. Currently, Ruth’s Hospitality has an average volume of 777.5K.
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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.
