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NASDAQ: RRGB
Red Robin Gourmet Burgers Inc Stock Forecast, Predictions & Price Target

Analyst price target for RRGB

Based on 1 analyst offering 12 month price targets for Red Robin Gourmet Burgers Inc.
Min Forecast
$22.00+176.38%
Avg Forecast
$22.00+176.38%
Max Forecast
$22.00+176.38%

Should I buy or sell RRGB stock?

Based on 1 analyst offering ratings for Red Robin Gourmet Burgers Inc.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RRGB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Benchmark
Bottom 11%
11
Strong BuyReiterates$22.00+176.38%2023-08-18

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Forecast return on equity

Is RRGB forecast to generate an efficient return?
Company
78.96%
Industry
-77.46%
Market
25.57%
RRGB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RRGB forecast to generate an efficient return on assets?
Company
0.3%
Industry
15.35%
RRGB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RRGB vs Restaurant Stocks

TickerPricePrice TargetUp/downsideConsensus
RRGB$7.96$22.00+176.38%Strong Buy
FAT$6.55$15.00+129.01%Strong Buy
NDLS$2.29$6.00+162.01%Strong Buy
STKS$5.39$9.75+80.89%Buy
BDL$33.00N/AN/A

Red Robin Gourmet Burgers Stock Forecast FAQ

Is Red Robin Gourmet Burgers Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: RRGB) stock is to Strong Buy RRGB stock.

Out of 1 analyst, 1 (100%) are recommending RRGB as a Strong Buy, 0 (0%) are recommending RRGB as a Buy, 0 (0%) are recommending RRGB as a Hold, 0 (0%) are recommending RRGB as a Sell, and 0 (0%) are recommending RRGB as a Strong Sell.

If you're new to stock investing, here's how to buy Red Robin Gourmet Burgers stock.

What is RRGB's forecast return on equity (ROE) for 2023-2023?

(NASDAQ: RRGB) forecast ROE is 78.96%, which is considered strong.

What is RRGB's Price Target?

According to 1 Wall Street analyst that have issued a 1 year RRGB price target, the average RRGB price target is $22.00, with the highest RRGB stock price forecast at $22.00 and the lowest RRGB stock price forecast at $22.00.

The Wall Street analyst predicted that Red Robin Gourmet Burgers's share price could reach $22.00 by Aug 18, 2024. The average Red Robin Gourmet Burgers stock price prediction forecasts a potential upside of 176.38% from the current RRGB share price of $7.96.

What is RRGB's forecast return on assets (ROA) for 2023-2023?

(NASDAQ: RRGB) forecast ROA is 0.3%, which is lower than the forecast US Restaurants industry average of 15.35%.
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