NASDAQ:RRGB - Red Robin Gourmet Burgers Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $38.00
Forecasted Upside: 18.64 %
Number of Analysts: 4
Breakdown:
1 Sell Ratings
1 Hold Ratings
2 Buy Ratings
0 Strong Buy Ratings

^$32.03 As of 06/23/2021 01:00 AM ET

▼ -0.26 (-0.81%)

1 month | 3 months | 12 months

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Analyst Price Target for RRGB

^$38.00

▲ +18.64% Upside Potential

This price target is based on 4 analysts offering 12 month price targets for Red Robin Gourmet Burgers in the last 3 months. The average price target is $38.00, with a high forecast of $50.00 and a low forecast of $24.00. The average price target represents a 18.64% upside from the last price of $32.03.

Current Consensus is Hold

The current consensus among 4 investment analysts is to hold stock in Red Robin Gourmet Burgers. This rating has held steady since December 2019, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
4 buy ratings
1 hold ratings
1 sell ratings

Ratings as of

12/31/2019

0 strong buy ratings
4 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

3/30/2020

0 strong buy ratings
4 buy ratings
2 hold ratings
2 sell ratings

Ratings as of

6/28/2020

0 strong buy ratings
3 buy ratings
2 hold ratings
2 sell ratings

Ratings as of

9/26/2020

0 strong buy ratings
1 buy ratings
2 hold ratings
2 sell ratings

Ratings as of

12/25/2020

0 strong buy ratings
2 buy ratings
2 hold ratings
2 sell ratings

Ratings as of

3/25/2021

0 strong buy ratings
2 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

5/24/2021

0 strong buy ratings
2 buy ratings
1 hold ratings
1 sell ratings

Ratings as of

6/23/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/26/2021	Morgan Stanley	Boost Price Target	Equal Weight	$35.00 ➝ $38.00	High
5/26/2021	Wells Fargo & Company	Boost Price Target	Underweight	$19.00 ➝ $24.00	High
4/12/2021	Morgan Stanley	Boost Price Target	Equal Weight	$30.00 ➝ $35.00	Low
3/22/2021	Raymond James	Boost Price Target	Outperform	$40.00 ➝ $50.00	N/A
3/5/2021	Morgan Stanley	Boost Price Target	Equal Weight	$21.00 ➝ $30.00	High
3/4/2021	Raymond James	Boost Price Target	Outperform	$35.00 ➝ $40.00	High
3/4/2021	Loop Capital	Upgrade	Hold ➝ Buy	$40.00	High
2/10/2021	Raymond James	Boost Price Target	Outperform	$30.00 ➝ $35.00	Low
1/19/2021	Morgan Stanley	Boost Price Target	Equal Weight	$14.00 ➝ $21.00	Low
1/19/2021	Raymond James	Boost Price Target	Outperform	$26.00 ➝ $30.00	Low
1/6/2021	Raymond James	Upgrade	Market Perform ➝ Outperform	$26.00	N/A
12/17/2020	Wells Fargo & Company	Reiterated Rating	Equal Weight ➝ Underweight	$12.00 ➝ $15.00	High
10/14/2020	Morgan Stanley	Boost Price Target	Equal Weight	$11.00 ➝ $14.00	Medium
8/12/2020	Raymond James	Reiterated Rating	Hold		Medium
8/12/2020	Morgan Stanley	Lower Price Target	Equal Weight	$12.00 ➝ $11.00	Medium
6/12/2020	Bank of America	Boost Price Target	Underperform	$9.00 ➝ $10.00	Low
6/12/2020	Morgan Stanley	Boost Price Target	Equal Weight	$9.00 ➝ $12.00	High
6/11/2020	Wells Fargo & Company	Lower Price Target	Equal Weight	$30.00 ➝ $14.00	High
4/29/2020	Raymond James	Reiterated Rating	Hold		High
4/22/2020	Jefferies Financial Group	Boost Price Target	Hold	$6.00 ➝ $12.00	Low
2/26/2020	Wells Fargo & Company	Lower Price Target	Equal Weight ➝ Positive	$35.00 ➝ $30.00	High
2/25/2020	Wells Fargo & Company	Reiterated Rating	Hold		High
1/23/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$32.00 ➝ $35.00	Medium
11/7/2019	Maxim Group	Lower Price Target	Buy	$44.00 ➝ $42.00	High
11/6/2019	Loop Capital	Lower Price Target	Hold	$33.00	High
9/6/2019	Maxim Group	Set Price Target	Buy	$44.00	High
9/6/2019	Raymond James	Reiterated Rating	Hold		N/A
8/27/2019	Bank of America	Downgrade	Neutral ➝ Underperform	$30.00	High
8/26/2019	Stephens	Set Price Target	Buy	$36.00	Low
8/26/2019	Morgan Stanley	Boost Price Target	Equal Weight	$28.00 ➝ $30.00	Low
8/23/2019	Maxim Group	Set Price Target	Buy	$44.00	N/A
8/7/2019	Maxim Group	Reiterated Rating	Buy ➝ Buy	$49.00 ➝ $44.00	Low
6/14/2019	Maxim Group	Upgrade	Hold ➝ Buy	$30.00 ➝ $49.00	High
5/31/2019	Morgan Stanley	Lower Price Target	Equal Weight	$31.00 ➝ $28.00	Low
5/16/2019	Maxim Group	Reiterated Rating	Hold ➝ Hold	$25.00 ➝ $32.00	Medium
4/4/2019	Raymond James	Reiterated Rating	Hold		Medium
4/4/2019	Maxim Group	Reiterated Rating	Hold ➝ Hold	$29.00 ➝ $25.00	High
4/4/2019	Loop Capital	Lower Price Target	Hold	$31.00	High
4/4/2019	Bank of America	Downgrade	Buy ➝ Neutral	$33.00	Low
2/27/2019	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$35.00 ➝ $33.00	High
2/27/2019	Maxim Group	Downgrade	Buy ➝ Hold	$46.00 ➝ $29.00	High
1/3/2019	Maxim Group	Reiterated Rating	Buy		Medium
12/19/2018	Jefferies Financial Group	Downgrade	Buy ➝ Hold		High
11/7/2018	Wells Fargo & Company	Lower Price Target	Market Perform	$43.00 ➝ $36.00	High
11/7/2018	Stephens	Reiterated Rating	Overweight		High
11/2/2018	Maxim Group	Lower Price Target	Buy ➝ Buy	$54.00 ➝ $46.00	Low
11/2/2018	Loop Capital	Initiated Coverage	Hold ➝ Hold	$35.00	Low
10/18/2018	Gordon Haskett	Initiated Coverage	Hold ➝ Hold	$38.00	High
10/18/2018	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$44.00 ➝ $41.00	Medium
8/24/2018	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$47.00 ➝ $44.00	Low
8/22/2018	Canaccord Genuity	Reiterated Rating	Hold	$42.00	Low
8/22/2018	Stephens	Lower Price Target	Overweight	$75.00 ➝ $50.00	High
8/3/2018	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$52.00 ➝ $47.00	Low
8/2/2018	Bank of America	Lower Price Target	Buy ➝ Buy	$64.00 ➝ $54.00	Low
8/2/2018	Wells Fargo & Company	Lower Price Target	Market Perform	$54.00 ➝ $42.00	High
8/2/2018	Stifel Nicolaus	Lower Price Target	Hold ➝ Hold	$55.00 ➝ $45.00	High
8/2/2018	Maxim Group	Lower Price Target	Buy ➝ Buy	$68.00 ➝ $54.00	High
8/2/2018	Raymond James	Downgrade	Outperform ➝ Market Perform	$75.00	High
8/2/2018	Canaccord Genuity	Downgrade	Buy ➝ Hold	$65.00 ➝ $42.00	High
5/23/2018	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$56.00 ➝ $52.00	Medium
5/23/2018	Maxim Group	Reiterated Rating	Buy	$71.00 ➝ $68.00	High
5/23/2018	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$75.00 ➝ $55.00	High
5/23/2018	BTIG Research	Downgrade	Buy ➝ Neutral		High
5/16/2018	Maxim Group	Upgrade	Hold ➝ Buy	$60.00 ➝ $71.00	High
5/9/2018	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$65.00 ➝ $75.00	High
4/20/2018	Canaccord Genuity	Reiterated Rating	Buy	$75.00	Low
4/18/2018	Stifel Nicolaus	Boost Price Target	Hold ➝ Hold	$60.00 ➝ $65.00	High
2/26/2018	Morgan Stanley	Reiterated Rating	Equal Weight ➝ Equal Weight	$57.00 ➝ $56.00	Medium
12/30/2017	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$58.00 ➝ $63.00	N/A
12/22/2017	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$58.00 ➝ $63.00	High
11/7/2017	Jefferies Financial Group	Lower Price Target	Hold	$61.00 ➝ $58.00	N/A
11/7/2017	Raymond James	Downgrade	Strong-Buy ➝ Outperform	$77.50 ➝ $65.00	N/A
11/7/2017	Stifel Nicolaus	Lower Price Target	Hold ➝ Hold	$62.00 ➝ $58.00	N/A
11/7/2017	Maxim Group	Downgrade	Buy ➝ Hold	$75.00 ➝ $60.00	N/A
11/7/2017	BTIG Research	Lower Price Target	Buy ➝ Buy	$70.00 ➝ $63.00	N/A
10/30/2017	Maxim Group	Reiterated Rating	Buy	$75.00	N/A
10/2/2017	Stifel Nicolaus	Initiated Coverage	Hold ➝ Hold	$62.00	Medium
10/1/2017	Canaccord Genuity	Reiterated Rating	Buy	$80.00	Low
9/12/2017	BTIG Research	Reiterated Rating	Buy	$64.00 ➝ $70.00	Medium
8/9/2017	Raymond James	Set Price Target	Buy	$85.00 ➝ $75.00	Low
8/9/2017	Canaccord Genuity	Reiterated Rating	Hold ➝ Buy	$90.00 ➝ $80.00	High
8/9/2017	Maxim Group	Reiterated Rating	Buy	$75.00	High
8/9/2017	BTIG Research	Upgrade	Neutral ➝ Buy	$64.00	High
8/1/2017	Maxim Group	Reiterated Rating	Buy ➝ Buy	$80.00 ➝ $75.00	High
7/25/2017	Raymond James	Reiterated Rating	Strong-Buy	$85.00	Low
5/30/2017	Morgan Stanley	Boost Price Target	Equal Weight	$70.00 ➝ $72.00	Low
5/26/2017	Canaccord Genuity	Upgrade	Hold ➝ Buy	$72.00 ➝ $90.00	Medium
5/25/2017	Bank of America	Boost Price Target	Buy	$80.00 ➝ $85.00	Low
5/25/2017	Wells Fargo & Company	Reiterated Rating	Market Perform	$70.00	Low
5/24/2017	Canaccord Genuity	Reiterated Rating	Hold	$62.00 ➝ $72.00	Low
5/23/2017	Maxim Group	Reiterated Rating	Buy	$80.00	Low
5/19/2017	BTIG Research	Reiterated Rating	Neutral		Low
5/19/2017	Stephens	Reiterated Rating	Overweight	$75.00	Low
5/17/2017	Canaccord Genuity	Reiterated Rating	Hold	$62.00	Low
5/17/2017	Morgan Stanley	Reiterated Rating	Equal Weight	$53.00 ➝ $58.00	High
5/17/2017	Maxim Group	Reiterated Rating	Buy ➝ Buy	$75.00 ➝ $80.00	High
5/17/2017	Bank of America	Upgrade	Neutral ➝ Buy	$65.00 ➝ $80.00	High
5/11/2017	Maxim Group	Boost Price Target	Buy ➝ Buy	$70.00 ➝ $75.00	Low
4/4/2017	Jefferies Financial Group	Reiterated Rating	Hold	$52.00	Medium
3/28/2017	Standpoint Research	Downgrade	Buy ➝ Hold		Low
3/2/2017	Canaccord Genuity	Reiterated Rating	Hold	$52.00	N/A
2/22/2017	Stephens	Reiterated Rating	Overweight	$75.00	N/A
1/12/2017	Maxim Group	Lower Price Target	Buy	$73.00 ➝ $70.00	N/A
1/9/2017	Jefferies Financial Group	Reiterated Rating	Hold	$56.00	N/A
1/8/2017	Canaccord Genuity	Reiterated Rating	Hold	$45.00	N/A
12/14/2016	Bank of America	Upgrade	Underperform ➝ Neutral	$54.00	N/A
10/25/2016	Maxim Group	Lower Price Target	Buy	$71.00 ➝ $63.00	N/A
9/13/2016	Bank of America	Downgrade	Buy ➝ Underperform	$50.00	N/A
8/22/2016	Canaccord Genuity	Initiated Coverage	Hold	$53.00	N/A
8/8/2016	Standpoint Research	Initiated Coverage	Buy	$64.00	N/A
8/4/2016	Maxim Group	Lower Price Target	Buy	$77.00 ➝ $71.00	N/A
7/26/2016	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$55.00	N/A

(Data available from 6/23/2016 forward)

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, develops, operates, and franchises full-service and casual-dining restaurants. The company's restaurants primarily offer burgers; various appetizers, salads, soups, seafood, and other entrees; and desserts, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers. As of March 3, 2021, it operated approximately 540 Red Robin restaurants across the United States and Canada, including locations operating under franchise agreements. The company was founded in 1969 and is based in Greenwood Village, Colorado.

Today's Range

Now: $32.03

$32.01

$32.56

50 Day Range

MA: $33.92

$30.00

$36.43

52 Week Range

Now: $32.03

$7.26

$41.34

Volume

137,044 shs

Average Volume

319,594 shs

Market Capitalization

$502.29 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.97

Frequently Asked Questions

What sell-side analysts currently cover shares of Red Robin Gourmet Burgers?

The following Wall Street analysts have issued reports on Red Robin Gourmet Burgers in the last twelve months: Loop Capital, Morgan Stanley, Raymond James, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for RRGB.

What is the current price target for Red Robin Gourmet Burgers?

4 Wall Street analysts have set twelve-month price targets for Red Robin Gourmet Burgers in the last year. Their average twelve-month price target is $38.00, suggesting a possible upside of 18.6%. Raymond James has the highest price target set, predicting RRGB will reach $50.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $24.00 for Red Robin Gourmet Burgers in the next year.
View the latest price targets for RRGB.

What is the current consensus analyst rating for Red Robin Gourmet Burgers?

Red Robin Gourmet Burgers currently has 1 sell rating, 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in RRGB, but not buy more shares or sell existing shares.
View the latest ratings for RRGB.

What other companies compete with Red Robin Gourmet Burgers?

Other companies that are similar to Red Robin Gourmet Burgers include McDonald's, Starbucks, Chipotle Mexican Grill, Yum! Brands, Domino's Pizza, Darden Restaurants, Texas Roadhouse, The Wendy's, Cracker Barrel Old Country Store, Papa John's International, Jack in the Box, Brinker International, The Cheesecake Factory, Bloomin' Brands and Dine Brands Global.

How do I contact Red Robin Gourmet Burgers' investor relations team?

Red Robin Gourmet Burgers' physical mailing address is 6312 S. Fiddlers Green Circle Suite 200N, Greenwood Village CO, 80111. The restaurant operator's listed phone number is 303-846-6000 and its investor relations email address is [email protected] The official website for Red Robin Gourmet Burgers is www.redrobin.com.