Ruth’s Hospitality Receives a Hold from Jefferies

By Carrie Williams

Jefferies analyst Andy Barish reiterated a Hold rating on Ruth’s Hospitality (NASDAQ: RUTH) on July 28 and set a price target of $20. The company’s shares closed on Friday at $20.20.

According to, Barish is a 5-star analyst with an average return of 8.9% and a 58.2% 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.

The company has a one year high of $22.65 and a one year low of $13.74. Currently, Ruth’s Hospitality has an average volume of 217.6K.

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2017, Alan Vituli, a Director at RUTH sold 3,000 shares for a total of $63,450.

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.

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.