Maxim Group Reaffirms Their Buy Rating on Dine Brands Global Inc (DIN)


In a report released yesterday, 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 $89.48.

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 9.8% and a 65.8% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Famous Dave’s Of America.

Dine Brands Global Inc has an analyst consensus of Moderate Buy, with a price target consensus of $127.50, implying a 42.5% upside from current levels. In a report issued on April 1, Wedbush also reiterated a Buy rating on the stock with a $135 price target.

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Dine Brands Global Inc’s market cap is currently $1.58B and has a P/E ratio of 20.49. The company has a Price to Book ratio of -7.81.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. Last month, 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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