Analyst Price Target is $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
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.
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.