In a report released today, Alton Stump from Loop Capital Markets reiterated a Buy rating on Texas Roadhouse (TXRH – Research Report), with a price target of $165.00. The company’s shares closed yesterday at $133.89.
Stump covers the Consumer Cyclical sector, focusing on stocks such as McDonald’s, Domino’s Pizza, and Papa John’s International. According to TipRanks, Stump has an average return of 7.5% and a 60.21% success rate on recommended stocks.
In addition to Loop Capital Markets, Texas Roadhouse also received a Buy from UBS’s Dennis Geiger in a report issued today. However, on the same day, Morgan Stanley maintained a Hold rating on Texas Roadhouse (NASDAQ: TXRH).
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TXRH market cap is currently $8.84B and has a P/E ratio of 30.78.
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Texas Roadhouse (TXRH) Company Description:
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. The firm also offers its guests a selection of ribs, fish, seafood, chicken, pork chops, pulled pork and vegetable plates, an assortment of hamburgers, salads and sandwiches. It also provides supervisory and administrative services for other license and franchise restaurants. The company was founded by W. Kent Taylor on February 17, 1993 and is headquartered in Louisville, KY.
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