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Red Robin Gourmet Burgers (NASDAQ: RRGB) received a number of price target changes and ratings updates during the last week:

  • Red Robin Gourmet Burgers was downgraded by analysts at Longbow Research from a “buy” rating to a “neutral” rating.
  • Red Robin Gourmet Burgers had its price target lowered by analysts at Miller Tabak from $84.00 to $70.00. They now have a “buy” rating on the stock.
  • Red Robin Gourmet Burgers had its “buy” rating reaffirmed by analysts at Wunderlich. They now have a $92.00 price target on the stock, up previously from $76.00.
  • Red Robin Gourmet Burgers had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $80.00 price target on the stock, down previously from $90.00.
  • Red Robin Gourmet Burgers had its price target lowered by analysts at Telsey Advisory Group from $97.00 to $65.00. They now have a “not rated” rating on the stock.

Shares of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) opened at 53.31 on Thursday. Red Robin Gourmet Burgers, Inc. has a 1-year low of $50.50 and a 1-year high of $86.83. The stock’s 50-day moving average is $64.59 and its 200-day moving average is $69.26. The company has a market cap of $764.6 million and a P/E ratio of 23.80.

Red Robin Gourmet Burgers (NASDAQ:RRGB) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by $0.22. The company had revenue of $256.10 million for the quarter, compared to the consensus estimate of $263.37 million. Analysts expect that Red Robin Gourmet Burgers, Inc. will post $2.54 EPS for the current fiscal year.

Red Robin Gourmet Burgers, Inc (NASDAQ:RRGB), together with its subsidiaries, is a casual dining restaurant chain focused on serving gourmet burgers.

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