Texas Roadhouse Inc (Symbol: TXRH) shares recently traded at $104.28, surpassing the average 12-month analyst target price of $102.53. This marks a potential inflection point for investors as analysts consider adjustments to their target prices or downgrades based on this valuation shift.
Currently, there are 17 analysts covering Texas Roadhouse, with projections ranging from a low of $86.00 to a high of $113.00, resulting in a standard deviation of $8.016. The latest ratings show 7 strong buys, 1 buy, 8 hold, and 1 strong sell, leading to an average rating of 2.24, where 1 is a strong buy and 5 is a strong sell.
This data, sourced from Zacks Investment Research via Quandl.com, highlights a growing divergence in analyst opinions, which can provide valuable insights for investors reassessing their positions in TXRH.
