Wedbush Reiterates Their Buy Rating on Chuy’s Holdings (CHUY)


Wedbush analyst Nick Setyan reiterated a Buy rating on Chuy’s Holdings (CHUY) today and set a price target of $26.00. The company’s shares closed last Thursday at $21.97.

According to TipRanks.com, Setyan is a 4-star analyst with an average return of 4.5% and a 54.0% success rate. Setyan covers the Services sector, focusing on stocks such as Papa John’s International, Del Taco Restaurants, and Dine Brands Global.

Chuy’s Holdings has an analyst consensus of Strong Buy, with a price target consensus of $23.83.

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The company has a one-year high of $29.45 and a one-year low of $7.28. Currently, Chuy’s Holdings has an average volume of 176.4K.

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CHUY in relation to earlier this year. Most recently, in August 2020, Ira Zecher, a Director at CHUY sold 2,850 shares for a total of $55,974.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Chuy’s Holdings, Inc. engages in the ownership and operation of full-service restaurants serving a distinct menu of authentic Mexican and Tex-Mex inspired food. Its menu includes enchiladas, fajitas, rellenos, tacos, burritos, combination platters and daily specials, complemented by a variety of appetizers, soups, and salads. The company was founded by Michael Roger Young and John A. Zapp on April 16, 1982 and is headquartered in Austin, TX.

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