Shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY) have received an average rating of “Hold” from the twelve research firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $27.71.

Several research firms have weighed in on CHUY. Jefferies Group LLC reissued a “hold” rating and issued a $23.00 price objective (down previously from $28.00) on shares of Chuy’s Holdings in a research report on Wednesday, August 9th. BMO Capital Markets cut their price objective on Chuy’s Holdings from $31.00 to $24.00 and set a “market perform” rating on the stock in a research report on Friday, August 4th. Wedbush reaffirmed a “hold” rating and set a $23.00 price target on shares of Chuy’s Holdings in a research report on Sunday, July 30th. Raymond James Financial, Inc. raised Chuy’s Holdings to a “buy” rating in a research report on Sunday, July 23rd. Finally, BidaskClub cut Chuy’s Holdings from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Alps Advisors Inc. boosted its position in shares of Chuy’s Holdings by 0.3% in the second quarter. Alps Advisors Inc. now owns 17,287 shares of the restaurant operator’s stock worth $405,000 after buying an additional 45 shares in the last quarter. Stephens Inc. AR raised its stake in Chuy’s Holdings by 0.3% in the first quarter. Stephens Inc. AR now owns 30,999 shares of the restaurant operator’s stock worth $924,000 after buying an additional 90 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in Chuy’s Holdings by 1.5% in the first quarter. Louisiana State Employees Retirement System now owns 6,900 shares of the restaurant operator’s stock worth $206,000 after buying an additional 100 shares during the last quarter. Arizona State Retirement System raised its stake in Chuy’s Holdings by 1.1% in the first quarter. Arizona State Retirement System now owns 8,800 shares of the restaurant operator’s stock worth $262,000 after buying an additional 100 shares during the last quarter. Finally, Texas Permanent School Fund raised its stake in Chuy’s Holdings by 1.3% in the second quarter. Texas Permanent School Fund now owns 12,335 shares of the restaurant operator’s stock worth $289,000 after buying an additional 155 shares during the last quarter. 98.37% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Chuy’s Holdings (NASDAQ CHUY) opened at 20.60 on Friday. The firm has a market cap of $348.24 million, a P/E ratio of 20.79 and a beta of 0.01. The firm’s 50-day moving average price is $22.78 and its 200 day moving average price is $26.85. Chuy’s Holdings has a one year low of $20.20 and a one year high of $35.30.

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About Chuy’s Holdings

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.

Analyst Recommendations for Chuy`s Holdings (NASDAQ:CHUY)

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