Jefferies Keeps Their Hold Rating on Ruth’s Hospitality

By Austin Angelo

Jefferies analyst Andy Barish reiterated a Hold rating on Ruth’s Hospitality (NASDAQ: RUTH) on June 13 and set a price target of $20. The company’s shares closed yesterday at $22.05, close to its 52-week high of $22.65.

According to, Barish is a 5-star analyst with an average return of 9.1% and a 56.7% success rate. Barish covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Papa John’s International, and Popeyes Louisiana Kitchen.

Ruth’s Hospitality has an analyst consensus of Hold, with a price target consensus of $20.

Ruth’s Hospitality’s market cap is currently $676.6M and has a P/E ratio of 22.73. The company has a book value ratio of 7.7103.

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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.