Dine Brands Global Common with ticker code (DIN) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 115 and 81 with the average target price sitting at 102.8. Now with the previous closing price of 96.65 this now indicates there is a potential upside of 6.4%. There is a 50 day moving average of 90.52 and the 200 day MA is 73.56. The market cap for the company is $1,646m. Company Website: 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, 2020, the company had 1,642 Applebee’s franchised restaurants, and 1,769 IHOP franchised and area licensed restaurants. It is also involved in the lease or sublease of 621 IHOP franchised restaurants and two 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 headquartered in Glendale, California.