$6.40
0.40[6.67%]
At close: Apr 19
$6.40
0[0.00%]
After Hours: 4:00PM EDT
Red Robin Gourmet Burgers
(NASDAQ:RRGB)Red Robin Gourmet Burgers Stock (NASDAQ:RRGB), Analyst Ratings, Price Targets, Predictions
Red Robin Gourmet Burgers Inc has a consensus price target of $20.22, established from looking at the 22 latest analyst ratings. The last 3 analyst ratings were released from Benchmark, Benchmark, and Benchmark on April 15, 2024, March 26, 2024, and March 5, 2024. With an average price target of $18 between Benchmark, Benchmark, and Benchmark, there's an implied 181.25% upside for Red Robin Gourmet Burgers Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Benchmark
Jefferies
CL King
Raymond James
Raymond James
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Red Robin Gourmet Burgers
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/15/2024 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 181.25% | Benchmark | Todd Brooks | → $18 | Reiterates | Buy → Buy | Get Alert |
| 03/26/2024 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 181.25% | Benchmark | Todd Brooks | → $18 | Reiterates | Buy → Buy | Get Alert |
| 03/05/2024 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 181.25% | Benchmark | Todd Brooks | → $18 | Reiterates | Buy → Buy | Get Alert |
| 02/29/2024 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 181.25% | Benchmark | Todd Brooks | → $18 | Maintains | Buy | Get Alert |
| 10/03/2023 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 40.62% | Jefferies | Andy Barish | $12 → $9 | Maintains | Hold | Get Alert |
| 08/18/2023 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 243.75% | Benchmark | Todd Brooks | → $22 | Reiterates | Buy → Buy | Get Alert |
| 06/22/2023 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | — | CL King | Andrew Wolf | — | Maintains | Neutral | Get Alert |
| 03/22/2023 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 181.25% | Benchmark | Todd Brooks | $14 → $18 | Maintains | Buy | Get Alert |
| 03/01/2023 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 118.75% | Benchmark | Todd Brooks | → $14 | Upgrade | Hold → Buy | Get Alert |
| 12/21/2022 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 17.19% | Jefferies | Andy Barish | $12.5 → $7.5 | Downgrade | Buy → Hold | Get Alert |
| 12/20/2022 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | — | CL King | Andrew Wolf | — | Reinstates | → Neutral | Get Alert |
| 08/11/2022 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | — | Benchmark | Todd Brooks | — | Downgrade | Buy → Hold | Get Alert |
| 04/18/2022 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | — | Raymond James | Brian Vaccaro | — | Downgrade | Outperform → Market Perform | Get Alert |
| 01/26/2022 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 290.63% | Raymond James | Brian Vaccaro | $30 → $25 | Maintains | Outperform | Get Alert |
| 11/23/2021 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 368.75% | Benchmark | Todd Brooks | — | Initiates | → Buy | Get Alert |
| 11/11/2021 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 368.75% | Raymond James | — | — | Maintains | Outperform | Get Alert |
| 09/24/2021 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 384.38% | Jefferies | Andy Barish | — | Upgrade | Hold → Buy | Get Alert |
| 09/13/2021 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 353.13% | Morgan Stanley | — | — | Maintains | Equal-Weight | Get Alert |
| 08/30/2021 | RRGB | Buy Now | Red Robin Gourmet Burgers | $6.40 | 446.88% | CL King | Todd Brooks | — | Initiates | → Buy | Get Alert |
FAQ
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 Benchmark on April 15, 2024. The analyst firm set a price target for $18.00 expecting RRGB to rise to within 12 months (a possible 181.25% 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 Benchmark, and Red Robin Gourmet Burgers reiterated their buy rating.
When was the last upgrade for Red Robin Gourmet Burgers (RRGB)?
The last upgrade for Red Robin Gourmet Burgers Inc happened on March 1, 2023 when Benchmark raised their price target to $14. Benchmark previously had a hold for Red Robin Gourmet Burgers Inc.
When was the last downgrade for Red Robin Gourmet Burgers (RRGB)?
The last downgrade for Red Robin Gourmet Burgers Inc happened on December 21, 2022 when Jefferies changed their price target from $12.5 to $7.5 for Red Robin Gourmet Burgers Inc.
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 April 15, 2024 so you should expect the next rating to be made available sometime around April 15, 2025.
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 reiterated with a price target of $0.00 to $18.00. The current price Red Robin Gourmet Burgers (RRGB) is trading at is $6.40, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.