Brokerages Set Chuy’s Holdings, Inc. (NASDAQ:CHUY) Price Target at $40.71

Chuy’s Holdings, Inc. (NASDAQ:CHUYGet Free Report) has received a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $40.71.

A number of equities research analysts have recently weighed in on the company. StockNews.com raised Chuy’s from a “hold” rating to a “buy” rating in a research note on Tuesday, December 19th. Stephens dropped their price target on Chuy’s from $45.00 to $40.00 and set an “overweight” rating on the stock in a research report on Friday, November 3rd. Piper Sandler dropped their price target on Chuy’s from $42.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 21st. Finally, Wedbush lowered their price objective on Chuy’s from $42.00 to $41.00 and set an “outperform” rating on the stock in a research report on Friday, November 3rd.

Check Out Our Latest Research Report on CHUY

Chuy’s Stock Performance

Shares of NASDAQ CHUY opened at $33.83 on Monday. The stock has a market cap of $586.95 million, a PE ratio of 21.55 and a beta of 1.65. Chuy’s has a fifty-two week low of $31.60 and a fifty-two week high of $43.17. The stock has a fifty day moving average of $35.56 and a 200-day moving average of $35.87.

Institutional Investors Weigh In On Chuy’s

Hedge funds and other institutional investors have recently modified their holdings of the stock. Teachers Retirement System of The State of Kentucky increased its stake in Chuy’s by 5.6% in the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 6,270 shares of the restaurant operator’s stock worth $256,000 after buying an additional 330 shares in the last quarter. Royal Bank of Canada increased its stake in Chuy’s by 2.9% in the 3rd quarter. Royal Bank of Canada now owns 12,444 shares of the restaurant operator’s stock worth $288,000 after buying an additional 351 shares in the last quarter. Swiss National Bank increased its stake in Chuy’s by 1.0% in the 2nd quarter. Swiss National Bank now owns 39,200 shares of the restaurant operator’s stock worth $1,600,000 after buying an additional 400 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Chuy’s by 11.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,957 shares of the restaurant operator’s stock valued at $141,000 after purchasing an additional 413 shares in the last quarter. Finally, State of Wyoming grew its position in shares of Chuy’s by 16.4% during the fourth quarter. State of Wyoming now owns 4,632 shares of the restaurant operator’s stock valued at $131,000 after purchasing an additional 653 shares in the last quarter. 99.92% of the stock is currently owned by hedge funds and other institutional investors.

About Chuy’s

(Get Free Report

Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in the United States. The company was founded in 1982 and is headquartered in Austin, Texas.

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Analyst Recommendations for Chuy's (NASDAQ:CHUY)

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