Wedbush analyst Nick Setyan maintained a Buy rating on Dine Brands Global Inc (DIN) today and set a price target of $135. The company’s shares closed yesterday at $84.79.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 4.0% and a 55.7% success rate. Setyan covers the Services sector, focusing on stocks such as Del Taco Restaurants, Jack In The Box Inc, and Cheesecake Factory.
Dine Brands Global Inc has an analyst consensus of Moderate Buy, with a price target consensus of $127.50, a 50.4% upside from current levels. In a report released yesterday, 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 December 31, the company reported a quarterly net profit of $26.06 million. In comparison, last year the company had a net profit of $16.51 million.
Based on the recent corporate insider activity of 30 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.
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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.
