Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) stock suffered a major decline of -12.4% on 8/28/24. The shares closed at $3.39. Moreover, exceptionally high trading volume at 244% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -30.2% during the last week.
Current PriceTarget Research Rating
RRGB is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Red Robin Gourmet Burgers is currently unrated.
Rating Review
The stock is currently unrated.
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