In a report issued on April 29, Nick Setyan from Wedbush maintained a Buy rating on Dine Brands Global (DIN – Research Report), with a price target of $105.00. The company’s shares closed last Friday at $71.69.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 6.4% and a 46.2% success rate. Setyan covers the Services sector, focusing on stocks such as Papa John’s International, The ONE Group Hospitality, and Brinker International.
Dine Brands Global has an analyst consensus of Strong Buy, with a price target consensus of $95.14.
Dine Brands Global’s market cap is currently $1.21B and has a P/E ratio of 12.64.
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DIN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Dine Brands Global, Inc. owns and franchises casual and family dining restaurants. It operates through the following segments: Franchise, Rental, Company Restaurant, and Financing Operations. The Franchise Operations segment comprises of royalties, fees, and other income for Applebee’s and IHOP franchised and area licensed restaurants. The Rental Operations segment covers rental income derived from lease or sublease agreements covering IHOP and Applebee’s franchised restaurants. The Company Restaurant Operations includes retail sales from IHOP company-operated restaurants. The Financing Operations segment is in charge of interest income from receivables for equipment leases and franchise fee notes generally associated with IHOP franchised restaurants developed before 2003. The company was founded by Jerry Lapin, Al Lapin, Jr. and Albert Kallis on July 7, 1958 and is headquartered in Glendale, CA.
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