The latest price target for Red Robin Gourmet Burgers (NASDAQ:RRGB) was reported by Benchmark on August 23, 2024. The analyst firm set a price target for $10.00 expecting RRGB to rise to within 12 months (a possible 160.42% upside). 13 analyst firms have reported ratings in the last year.

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

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.

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.

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 August 23, 2024 so you should expect the next rating to be made available sometime around August 23, 2025.

While ratings are subjective and will change, the latest Red Robin Gourmet Burgers (RRGB) rating was a maintained with a price target of $16.00 to $10.00. The current price Red Robin Gourmet Burgers (RRGB) is trading at is $3.84, which is out of the analyst’s predicted range.