Maxim Group Maintains a Buy Rating on Dine Brands Global Inc (DIN)


Maxim Group analyst Stephen Anderson maintained a Buy rating on Dine Brands Global Inc (NYSE: DIN) today and set a price target of $115. The company’s shares closed yesterday at $79.64.

Anderson commented:

“DineEquity (DIN) reported 3Q18 (September) pro forma EPS of $1.53, which split the difference between the $1.52 consensus and our $1.54 estimate.”

According to TipRanks.com, Anderson is a top 100 analyst with an average return of 13.7% and a 71.6% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Del Taco Restaurants.

Currently, the analyst consensus on Dine Brands Global Inc is a Moderate Buy with an average price target of $115.

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The company has a one-year high of $95 and a one-year low of $42.05. Currently, Dine Brands Global Inc has an average volume of 356.2K.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock.

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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.

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