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Red Robin Gourmet Burgers, Inc. (RRGB) [hlAlert]

Rating:
Buy RRGB
up 354.66 %

Red Robin Gourmet Burgers, Inc. (RRGB) rated Buy with price target $21 by McAdams Wright Ragen

Posted on: Monday,  Aug 16, 2010  2:25 PM ET by McAdams Wright Ragen

McAdams Wright Ragen rated Buy Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) on 08/16/2010, when the stock price was $17.67.
Since then, Red Robin Gourmet Burgers, Inc. has gained 354.67% as of 01/07/2016's recent price of $80.34.
If you would have followed this McAdams Wright Ragen's recommendation on RRGB, you would have gained 354.66% of your investment in 1970 days.

Red Robin Gourmet is a casual dining restaurant chain focused on serving an imaginative selection of high quality gourmet burgers in a family-friendly atmosphere. They currently own and operate in 12 states, and have additional restaurants operating under franchise or license agreements in 18 states and Canada. Their menu is centered around their signature product, the gourmet burger, which they make from beef, chicken, veggie, fish, turkey and pot roast and serve in a variety of recipes. (Prospectus)

At the heart of our company is a belief that a disciplined value approach to investing can lead to superior investment returns. While many other firms have reduced their commitment to research since the compensation link between corporate finance and research was severed a few years ago, we continue to invest heavily in our research department. Our research is solely targeted at providing our retail and institutional clients with good investment advice.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/16/2010 2:25 PM Buy
None
17.67 21.00
as of 12/31/2010
1 Week down  -2.16 %
1 Month up  14.51 %
3 Months up  8.21 %
1 YTD up  20.09 %

(*) Stock Price at the time of the recommendation.
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