In a report released today, Stephen Anderson from Maxim Group maintained a Buy rating on Dine Brands Global Inc (DIN), with a price target of $120. The company’s shares closed yesterday at $88.51.
Anderson said:
“Dine Brands Global (DIN) reported 4Q18 (December) pro forma EPS of $1.70, which were well above our $1.55 estimate and the $1.57 Street mean.”
According to TipRanks.com, Anderson is a 5-star analyst with an average return of 11.1% and a 68.4% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Del Taco Restaurants.
Dine Brands Global Inc has an analyst consensus of Moderate Buy, with a price target consensus of $120, implying a 35.6% upside from current levels. In a report issued on February 11, Wedbush also maintained a Buy rating on the stock with a $120 price target.
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The company has a one-year high of $95.09 and a one-year low of $61.89. Currently, Dine Brands Global Inc has an average volume of 298.7K.
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Dine Brands Global, Inc. owns and franchises casual and family dining restaurants. It operates through four segments: Franchise Operations, Rental operations, Company Restaurant Operations, and Financing Operations. The Franchise Operations segment comprises of royalties, fees, and other income for Applebee’s and IHOP franchised and area licensed restaurants.
