Red Robin Gourmet (RRGB) Receives a Buy from Raymond James


In a report released today, Brian Vaccaro from Raymond James maintained a Buy rating on Red Robin Gourmet (RRGB). The company’s shares closed last Monday at $21.96.

According to TipRanks.com, Vaccaro is a 4-star analyst with an average return of 5.7% and a 53.0% success rate. Vaccaro covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Carrols Restaurant Group, and Brinker International.

The word on The Street in general, suggests a Hold analyst consensus rating for Red Robin Gourmet with a $14.33 average price target.

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Red Robin Gourmet’s market cap is currently $340.1M and has a P/E ratio of -0.70. The company has a Price to Book ratio of 2.66.

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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.

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