Wedbush Maintains Their Hold Rating on Texas Roadhouse (TXRH)

By Carrie Williams

In a report released today, Nick Setyan from Wedbush maintained a Hold rating on Texas Roadhouse (TXRHResearch Report), with a price target of $62. The company’s shares closed on Friday at $62.88.

According to TipRanks.com, Setyan is a 4-star analyst with an average return of 4.3% and a 55.8% success rate. Setyan covers the Services sector, focusing on stocks such as Dine Brands Global Inc, Del Taco Restaurants, and Jack In The Box Inc.

Currently, the analyst consensus on Texas Roadhouse is a Moderate Buy with an average price target of $67.

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The company has a one-year high of $75.24 and a one-year low of $54.32. Currently, Texas Roadhouse has an average volume of 677.6K.

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Texas Roadhouse, Inc. is a full-service, casual dining restaurant chain, which offers assorted seasoned and aged steaks hand-cut daily on the premises and cooked to order over open gas-fired grills. It operates restaurants under the Texas Roadhouse and Aspen Creek names.