Red Robin Gourmet Burgers (RRGB) Getting Somewhat Favorable Press Coverage, Analysis Shows

Therefore 29% are positive. Morgan Stanley lifted their price target on Red Robin Gourmet Burgers from $70.00 to $72.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 30th. As per Tuesday, October 25, the company rating was maintained by Maxim Group. The stock now has an average rating of "Hold" and a consensus target price of $61.14. The firm has "Neutral" rating by Bank of America given on Wednesday, December 14.

RRGB has been the topic of several other reports. The firm earned "Underperform" rating on Friday, September 23 by Bank of America. The firm has "Hold" rating given on Monday, September 7 by Zacks. The rating was maintained by RBC Capital Markets on Monday, August 28 with "Hold". The company was upgraded on Friday, May 26 by Canaccord Genuity. Credit Suisse Ag has invested 0% in Red Robin Gourmet Burgers, Inc. The stock tapped a 52-week high of US$22.46 while the mean 12-month price target for the shares is US$4.67. Invesco Van Kampen High Income Trust II (VLT) has $121.61 million valuation. Many traders will use moving averages for different periods of time in conjunction with other indicators to help gauge future stock price action. At one point in the past year, the shares traded as low as $18.23 but has recovered 6.2% since then. Armstrong World Industries Inc (NYSE:AWI) has risen 6.90% since September 15, 2016 and is uptrending. It has underperformed by 10.21% the S&P500. Investment Advisors Lp has invested 1.08% in the stock. Its down 1.17, from 2.17 in 2016Q3.

Institutional investors and hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN now owns 212,862 shares of the restaurant operator's stock worth $12,442,000 after buying an additional 203,299 shares during the last quarter. Addison Clark Management L.L.C. owns 13,000 shares or 1.36% of their United States portfolio. Engineers Gate Manager Ltd Partnership invested in 0.09% or 65,554 shares. 21,944 are owned by Oakmont Corp. Ubs Oconnor Limited Liability owns 137,901 shares. Citigroup Incorporated, New York-based fund reported 17,515 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 643 shares or 0% of all its holdings. Invesco holds 0% or 42,475 shares in its portfolio. Stephens Ar reported 5,200 shares. Rivernorth Mngmt Ltd has 232,679 shares. The company has a market capitalization of $815.69 million, a P/E ratio of 97.83 and a beta of 0.63.

Red Robin Gourmet Burgers (NASDAQ:RRGB) last announced its quarterly earnings results on Tuesday, August 8th. It also offers burgers made from chicken breasts, fish fillets, turkey patties, as well as vegetarian and vegan options.

Investors sentiment decreased to 1.33 in Q4 2016. Its up 0.24, from 0.86 in 2016Q3.

Red Robin Gourmet Burgers Inc (RRGB) shares are being closely watched as the Rank Correlation Indicator has shown an upward 3 bar near-term trend, indicating that a reversal might be near. Sei Investments Co. raised its stake in Red Robin Gourmet Burgers by 4.0% in the third quarter. (NASDAQ:RRGB) popped in on a high volume green day. D E Shaw And Inc holds 180,663 shares or 0% of its portfolio. Alliancebernstein Limited Partnership holds 0.02% or 515,340 shares. Swiss Bancshares reported 0% of its portfolio in TrueCar Inc (NASDAQ:TRUE). KBC Group NV raised its holdings in Red Robin Gourmet Burgers by 0.7% in the first quarter. (NASDAQ:RRGB). Rothschild Asset Management reported 56,971 shares. (NASDAQ:RRGB). North Star Investment Management Corporation holds 0% or 100 shares.

Investors are more bearish on Red Robin Gourmet Burgers, Inc. recently at least if you consider the increase in short interest. State Board Of Administration Of Florida Retirement System accumulated 8,488 shares. (NASDAQ:RRGB) news were published by: which released: "Why Red Robin Gourmet Burgers, Inc". On average, analysts predict that Red Robin Gourmet Burgers will post $2.77 EPS for the current year. Deutsche Comml Bank Ag invested in 32,649 shares or 0% of the stock.

Since May 26, 2017, it had 0 insider buys, and 3 insider sales for $846,747 activity. The Company's menu features a line of gourmet burgers, which it makes from ground beef, as well as its line of Red's Tavern Double Burgers and its Red Robin's line of half-pound Angus beef burgers with various toppings. (NASDAQ:RRGB) shares were sold by Kaufman Glenn B. Its down 3.49% from 17.53M shares previously.

The stock increased 4.47% or $2.7 on September 15, reaching $63.1. The NASDAQ listed company saw a recent bid of $62.10 on 52565 volume. It has outperformed by 35.85% the S&P500.

Like this



20 September 2017
Nine NBA Teams Lost Money in 2016-17 After Revenue Sharing
Fourteen of the NBA's 30 teams lost money during the 16-17 season before collecting revenue sharing payments. It is notable six of those nine teams made the playoffs last season, including the Cavaliers.

20 September 2017
Haley: UN Out of Options on North Korea
Since early spring, United States officials have been threatening military action against North Korea multiple times a week. Ambassador to the United States Nikki Haley discusses the North Korean issue with reporters at the White House on Friday.

20 September 2017
Favorable News Coverage Somewhat Unlikely to Affect Altaba (YHOO) Share Price
The stock of Costco Wholesale Corporation (NASDAQ:COST) earned "Outperform" rating by RBC Capital Markets on Thursday, December 8. It is positive, as 59 investors sold COST shares while 405 reduced holdings. 86 funds opened positions while 273 raised stakes.

20 September 2017
Man Convicted In Killing Of Fox Exec Sentenced To 11 Years
Creech was not found guilty of first- and second-degree murder - both charges that could have earned him life in prison. Creech was serving an eight-year sentence for the sale or transportation of drugs when he was indicted for the killing.

20 September 2017
Independence Realty Trust, Inc. (NYSE:IRT) Experiences Heavier than Usual Trading Volume
Profund Advisors LLC purchased a new position in shares of Independence Realty Trust in the 2nd quarter worth about $103,000. In related news, CEO Scott Schaeffer purchased 35,000 shares of the business's stock in a transaction on Monday, August 7th.

20 September 2017
US, Israeli leaders meet on Syria, Iran, Palestine
But he was non-committal on whether he would seek a one- or two-state solution, remarking "we'll see" to reporters questions. Trump is due to meet the Palestinian leader, Mahmud Abbas on Wednesday, again at the United Nations assembly.

20 September 2017
Billy Bush And His Wife Of 20 Years Have Split
The ousted TV host and his wife Sydney Davis have been married for 20 years and have three daughters together. Bush's representative also confirmed the split to the publication and denied rumors that Davis left him.

20 September 2017
Sony Reduced the Sony Xperia XA1 and XA1 Ultra Smartphones
Sensors on the smartphone include a Fingerprint sensor, Proximity, E-Compass, Accelerometer, Gyroscope and Ambient Light Sensor. One of the highlights of the new phone is its camera - a MotionEye 19-megapixel Exmor RS sensor with 3D scanning abilities.

20 September 2017
Small quake rattles nerves, causes no damage in Los Angeles
AN natural disaster rocked Los Angeles last night with celebs reporting they felt a swaying motion seconds before it stopped. Also this morning another quake, a magnitude-3.6 quake hit about 3.6 miles (6 kilometers) northwest of Westwood, California.

20 September 2017
Sean Spicer on his surprise Emmys appearance
President, here is your Emmy!' poking fun at the fact that Trump had never won an Emmy for his television show The Apprentice. The "Late Show" host has soared in the ratings this year with comedy that has been sharply critical of Trump and his team.