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Texas Roadhouse Inc has a consensus price target of $160.56 based on the ratings of 30 analysts. The high is $205 issued by B of A Securities on July 17, 2024. The low is $100 issued by Deutsche Bank on October 17, 2022. The 3 most-recent analyst ratings were released by JP Morgan, Stephens & Co., and BTIG on July 29, 2024, July 29, 2024, and July 26, 2024, respectively. With an average price target of $182 between JP Morgan, Stephens & Co., and BTIG, there's an implied 7.85% upside for Texas Roadhouse Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Texas Roadhouse (NASDAQ:TXRH) was reported by JP Morgan on July 29, 2024. The analyst firm set a price target for $180.00 expecting TXRH to rise to within 12 months (a possible 6.67% upside). 59 analyst firms have reported ratings in the last year.
The latest analyst rating for Texas Roadhouse (NASDAQ:TXRH) was provided by JP Morgan, and Texas Roadhouse maintained their neutral rating.
The last upgrade for Texas Roadhouse Inc happened on March 13, 2024 when Baird raised their price target to $175. Baird previously had a neutral for Texas Roadhouse Inc.
The last downgrade for Texas Roadhouse Inc happened on February 20, 2024 when Northcoast Research changed their price target from N/A to N/A for Texas Roadhouse Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Texas Roadhouse, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Texas Roadhouse was filed on July 29, 2024 so you should expect the next rating to be made available sometime around July 29, 2025.
While ratings are subjective and will change, the latest Texas Roadhouse (TXRH) rating was a maintained with a price target of $184.00 to $180.00. The current price Texas Roadhouse (TXRH) is trading at is $168.75, which is out of the analyst’s predicted range.
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