Dine Brands Global Inc (DIN) Receives a Buy from Wedbush


In a report released today, Nick Setyan from Wedbush reiterated a Buy rating on Dine Brands Global Inc (DIN), with a price target of $135. The company’s shares closed yesterday at $87.63.

According to TipRanks.com, Setyan is a 4-star analyst with an average return of 4.8% and a 58.2% success rate. Setyan covers the Services sector, focusing on stocks such as Del Taco Restaurants, Jack In The Box Inc, and Cheesecake Factory.

Currently, the analyst consensus on Dine Brands Global Inc is a Moderate Buy with an average price target of $127.50, which is a 45.5% upside from current levels. In a report issued on May 1, Maxim Group also assigned a Buy rating to the stock with a $120 price target.

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Based on Dine Brands Global Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $30.53 million. In comparison, last year the company had a net profit of $16.51 million.

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. Most recently, in March 2019, Bryan Adel, the SVP, LEGAL, GC AND SECRETARY of DIN sold 13,806 shares for a total of $1,345,575.

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 Operations, Rental operations, Company Restaurant Operations, and Financing Operations.

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