Dine Brands Global Common found using ticker (DIN) have now 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 92 and 45 and has a mean target at 72.86. Now with the previous closing price of 58.88 this is indicating there is a potential upside of 23.7%. The day 50 moving average is 58.53 while the 200 day moving average is 46.22. The market capitalisation for the company is $963m. 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.