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Jefferies Thinks Red Robin Gourmet’s Stock is Going to Recover

In a report issued on June 13, Andy Barish from Jefferies maintained a Buy rating on Red Robin Gourmet (RRGBResearch Report). The company’s shares closed last Friday at $8.14, close to its 52-week low of $6.91.

According to TipRanks.com, Barish is a 4-star analyst with an average return of 6.3% and a 52.4% success rate. Barish covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, First Watch Restaurant Group, and Brinker International.

The the analyst consensus on Red Robin Gourmet is currently a Moderate Buy rating.

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Red Robin Gourmet’s market cap is currently $128.5M and has a P/E ratio of -2.88.

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Red Robin Gourmet Burgers, Inc. develops, operates, and franchises full-service restaurants North America. It serves a variety of salads, soups, appetizers, entrees, seafood and desserts. The company was founded in September 1969 and is headquartered in Greenwood Village, CO.

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