Ruth’s Hospitality Gets a Hold Rating from Jefferies

By Jason Carr

Jefferies analyst Andy Barish reiterated a Hold rating on Ruth’s Hospitality (NASDAQ: RUTH) on August 29 and set a price target of $20. The company’s shares opened today at $19.55.

According to TipRanks.com, Barish is a 4-star analyst with an average return of 6.8% and a 52.1% success rate. Barish covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Dave & Busters Entertainment, and Papa John’s International.

Ruth’s Hospitality has an analyst consensus of Moderate Buy, with a price target consensus of $21.50.

Ruth’s Hospitality’s market cap is currently $590.6M and has a P/E ratio of 19.31. The company has a book value ratio of 6.8234.

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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.