Dine Brands Global Common found using ticker (DIN) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 97 and 54 with a mean TP of 78.25. With the stocks previous close at 64.34 this is indicating there is a potential upside of 21.6%. The 50 day moving average now sits at 59.18 and the 200 day moving average is 52.41. The market capitalisation for the company is $1,082m. Find out more information at: http://www.dinebrands.com
Dine Brands Global, together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates in five segments: Applebee’s Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations. The company owns and franchises two restaurant concepts, including Applebee’s Neighborhood Grill + Bar in the bar and grill segment of the casual dining category; and International House of Pancakes (IHOP) in the family dining category of the restaurant industry. Its Applebee’s restaurants offer American fare with drinks and drafts; and IHOP restaurants provide full table services, and food and beverage offerings. As of December 31, 2019, the company had 1,718 Applebee’s franchised restaurants, and 1,841 IHOP franchised and area licensed restaurants. It is also involved in the lease or sublease of 657 IHOP franchised restaurants and 2 Applebee’s franchised restaurant; and the financing of franchise fees and equipment leases. The company was formerly known as DineEquity and changed its name to Dine Brands Global in February 2018. Dine Brands Global was founded in 1958 and is based in Glendale, California.
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