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Red Robin Gourmet Burgers Analyst Ratings

Benzinga ·  Oct 3, 2023 15:38
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
10/03/2023 20% Jefferies $12 → $9 Maintains Hold
08/18/2023 193.33% Benchmark → $22 Reiterates Buy → Buy
06/22/2023 CL King Maintains Neutral
03/22/2023 140% Benchmark $14 → $18 Maintains Buy
03/01/2023 86.67% Benchmark → $14 Upgrades Hold → Buy
12/21/2022 0% Jefferies $12.5 → $7.5 Downgrades Buy → Hold
12/20/2022 CL King Reinstates → Neutral
08/11/2022 Benchmark Downgrades Buy → Hold
04/18/2022 Raymond James Downgrades Outperform → Market Perform
01/26/2022 233.33% Raymond James $30 → $25 Maintains Outperform
11/23/2021 300% Benchmark → $30 Initiates Coverage On → Buy
11/11/2021 300% Raymond James $40 → $30 Maintains Outperform
09/24/2021 313.33% Jefferies $28 → $31 Upgrades Hold → Buy
09/13/2021 286.67% Morgan Stanley $38 → $29 Maintains Equal-Weight
08/30/2021 366.67% CL King → $35 Initiates Coverage On → Buy
08/19/2021 433.33% Raymond James $50 → $40 Maintains Outperform
08/19/2021 206.67% Wells Fargo $24 → $23 Maintains Underweight
05/26/2021 406.67% Morgan Stanley $35 → $38 Maintains Equal-Weight
04/12/2021 366.67% Morgan Stanley $30 → $35 Maintains Equal-Weight
03/22/2021 566.67% Raymond James $40 → $50 Maintains Outperform
03/05/2021 300% Morgan Stanley $21 → $30 Maintains Equal-Weight
03/04/2021 433.33% Raymond James $35 → $40 Maintains Outperform
02/10/2021 366.67% Raymond James $30 → $35 Maintains Outperform
01/19/2021 180% Morgan Stanley $14 → $21 Maintains Equal-Weight
01/19/2021 300% Raymond James $26 → $30 Maintains Outperform
01/06/2021 246.67% Raymond James → $26 Upgrades Market Perform → Outperform
12/17/2020 Wells Fargo Downgrades Equal-Weight → Underweight
10/14/2020 86.67% Morgan Stanley $11 → $14 Maintains Equal-Weight
08/12/2020 46.67% Morgan Stanley $12 → $11 Maintains Equal-Weight
06/12/2020 33.33% B of A Securities $9 → $10 Maintains Underperform
06/12/2020 60% Morgan Stanley $9 → $12 Maintains Equal-Weight
06/11/2020 86.67% Wells Fargo $30 → $14 Maintains Equal-Weight
04/22/2020 60% Jefferies $6 → $12 Maintains Hold
01/23/2020 366.67% Wells Fargo $32 → $35 Maintains Equal-Weight
11/06/2019 326.67% Stifel $35 → $32 Maintains Hold
08/27/2019 300% B of A Securities → $30 Downgrades Neutral → Underperform
08/26/2019 300% Morgan Stanley $28 → $30 Maintains Equal-Weight
06/14/2019 553.33% Maxim Group → $49 Upgrades Hold → Buy
05/31/2019 273.33% Morgan Stanley $31 → $28 Maintains Equal-Weight
04/04/2019 B of A Securities Downgrades Buy → Neutral
02/27/2019 340% Morgan Stanley $35 → $33 Maintains Equal-Weight
02/27/2019 Maxim Group Downgrades Buy → Hold
12/19/2018 Jefferies Downgrades Buy → Hold
11/02/2018 366.67% Loop Capital → $35 Initiates Coverage On → Hold
10/19/2018 406.67% Gordon Haskett → $38 Initiates Coverage On → Hold
10/18/2018 446.67% Morgan Stanley $44 → $41 Maintains Equal-Weight

What is the target price for Red Robin Gourmet Burgers (RRGB)?

The latest price target for Red Robin Gourmet Burgers (NASDAQ: RRGB) was reported by Jefferies on October 3, 2023. The analyst firm set a price target for $9.00 expecting RRGB to rise to within 12 months (a possible 20.00% upside). 7 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Red Robin Gourmet Burgers (RRGB)?

The latest analyst rating for Red Robin Gourmet Burgers (NASDAQ: RRGB) was provided by Jefferies, and Red Robin Gourmet Burgers maintained their hold rating.

When is the next analyst rating going to be posted or updated for Red Robin Gourmet Burgers (RRGB)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Red Robin Gourmet Burgers, 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 Red Robin Gourmet Burgers was filed on October 3, 2023 so you should expect the next rating to be made available sometime around October 3, 2024.

Is the Analyst Rating Red Robin Gourmet Burgers (RRGB) correct?

While ratings are subjective and will change, the latest Red Robin Gourmet Burgers (RRGB) rating was a maintained with a price target of $12.00 to $9.00. The current price Red Robin Gourmet Burgers (RRGB) is trading at is $7.50, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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