Jefferies Starts Chuy's Holdings (CHUY) at Hold; Weird, But True

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August 20, 2012 7:00 AM EDT
Get Alerts CHUY Hot Sheet
Price: $37.48 --0%

Rating Summary:
    3 Buy, 12 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on Chuy's Holdings (NASDAQ: CHUY) with a Hold. PT $19.00.

Analyst, Andy Barish, said, "Chuy’s is well-positioned, with a strong, differentiated brand in Mexican casual dining, to be a restaurant industry growth leader for many years to come. We believe the company can grow EPS 25%+ near-term, but find the valuation fair at current levels of around 27x and thus rate the stock Hold. Jefferies acted as a Joint Bookrunner in the company's recent IPO at $13."

For an analyst ratings summary and ratings history on Chuy's Holdings click here. For more ratings news on Chuy's Holdings click here.

Shares of Chuy's Holdings closed at $17.53 yesterday.

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