Red Robin Gourmet Burgers, Inc. (RRGB Quick QuoteRRGB - Free Report) was a big mover last session, as the company saw its shares rise above 6% on the day. The move came after analysts at B of A Merrill Lynch upgraded the restaurant stock to “neutral” from “underperform”, following the company’s announcement that it has named Guy Constant as its new CFO. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $51.35 to $54.20 in the past one-month time frame.

In the last 30 days, the company has seen one upward estimate revision but the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.       

Red Robin Gourmet Burgers currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

RED ROBIN GOURM Price

 

RED ROBIN GOURM Price | RED ROBIN GOURM Quote

A better-ranked Retail-Resturants stock is Bob Evans Farms, Inc. , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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