BMO Capital Markets restated their hold rating on shares of Chuy's (NASDAQ:CHUY) in a research report released on Friday, MarketBeat.com reports. They currently have a $27.00 price objective on the restaurant operator’s stock, down from their prior price objective of $30.00.
Other equities analysts have also issued reports about the company. Zacks Investment Research upgraded Chuy's from a hold rating to a buy rating and set a $30.00 price target on the stock in a research note on Wednesday, January 31st. BidaskClub lowered Chuy's from a buy rating to a hold rating in a research note on Tuesday, January 16th. Wedbush restated a hold rating and set a $25.00 price target on shares of Chuy's in a research note on Friday. Telsey Advisory Group restated a market perform rating and set a $29.00 price target (up from $23.00) on shares of Chuy's in a research note on Wednesday, February 28th. Finally, TheStreet upgraded Chuy's from a c+ rating to a b- rating in a research note on Friday, December 15th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of $27.20.
Chuy's (NASDAQ:CHUY) opened at $26.10 on Friday. The company has a market capitalization of $441.45, a PE ratio of 25.84, a PEG ratio of 1.42 and a beta of -0.28. Chuy's has a 12 month low of $18.00 and a 12 month high of $32.10.
Several hedge funds have recently added to or reduced their stakes in the company. MetLife Investment Advisors LLC bought a new stake in shares of Chuy's in the 4th quarter valued at approximately $232,000. Macquarie Group Ltd. grew its stake in shares of Chuy's by 6.0% in the 4th quarter. Macquarie Group Ltd. now owns 736,886 shares of the restaurant operator’s stock valued at $20,670,000 after purchasing an additional 41,514 shares during the period. Millennium Management LLC grew its stake in shares of Chuy's by 49.2% in the 4th quarter. Millennium Management LLC now owns 554,946 shares of the restaurant operator’s stock valued at $15,566,000 after purchasing an additional 182,923 shares during the period. Stone Ridge Asset Management LLC bought a new stake in shares of Chuy's in the 4th quarter valued at approximately $474,000. Finally, Clearbridge LLC grew its stake in shares of Chuy's by 10.3% in the 4th quarter. Clearbridge LLC now owns 537,456 shares of the restaurant operator’s stock valued at $15,076,000 after purchasing an additional 50,310 shares during the period. Institutional investors own 95.55% of the company’s stock.
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Chuy's Company Profile
Chuy’s Holdings, Inc operates Chuy’s, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. As of December 25, 2016, the Company operated 80 Chuy’s restaurants across 16 states. The Company offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups and salads.
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