In a report released today, Stephen Anderson from Maxim Group maintained a Hold rating on Red Robin Gourmet (RRGB), with a price target of $32. The company’s shares opened today at $33.69.
According to TipRanks.com, Anderson is a 5-star analyst with an average return of 9.9% and a 68.2% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Famous Dave’s Of America.
Red Robin Gourmet has an analyst consensus of Hold, with a price target consensus of $29.67.
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Based on Red Robin Gourmet’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $10.63 million. In comparison, last year the company had a net profit of $4.38 million.
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Red Robin Gourmet Burgers, Inc. develops, operates, and franchises full-service restaurants North America. It serves a variety of salads, soups, appetizers, entrees, seafood and desserts. The company was founded in September 1969 and is headquartered in Greenwood Village, CO.
