Dine Brands Global Common found using ticker (DIN) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 88 and 40 and has a mean target at 63.86. Given that the stocks previous close was at 52.68 this would indicate that there is a potential upside of 21.2%. The 50 day moving average now sits at 37.94 and the 200 moving average now moves to 64.12. The company has a market capitalisation of $803m. You can visit the company’s website by visiting: 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.