Alert: Major Price Advance (9/17/24)-Red Robin Gourmet Burgers Inc (NASDAQ: RRGB).

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Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) stock enjoyed a major increase of 16.0% on 9/17/24. The shares closed at $3.76. Moreover, trading volume in this advance was above average at 145% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 23.7% during the last week.

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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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