Jefferies analyst Alexander Slagle reiterated a Hold rating on Red Robin Gourmet (NASDAQ: RRGB) yesterday and set a price target of $61. The company’s shares opened today at $67.70, close to its 52-week high of $70.50.
According to TipRanks.com, Slagle is a 4-star analyst with an average return of 10.9% and a 64.2% success rate. Slagle covers the Services sector, focusing on stocks such as Papa John’s International, Popeyes Louisiana Kitchen, and Buffalo Wild Wings.
Red Robin Gourmet has an analyst consensus of Moderate Buy, with a price target consensus of $64.50.
Red Robin Gourmet’s market cap is currently $744M and has a P/E ratio of 72.5. The company has a book value ratio of 2.1377.
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Red Robin Gourmet Burgers, Inc. engages in the development, operation, and franchise of full-service restaurants. It serves variety of salads, soups, appetizers, entrees, desserts, and signature beverages. The company was founded in September 1969 and is headquartered in Greenwood Village, CO.