Denny’s (DENN) Receives a Buy from Wedbush
Wedbush analyst Nick Setyan maintained a Buy rating on Denny’s (DENN) today and set a price target of $13.00. The company’s shares closed last Thursday at $10.99.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 6.2% and a 57.4% success rate. Setyan covers the Services sector, focusing on stocks such as Papa John’s International, Del Taco Restaurants, and Dine Brands Global.
Currently, the analyst consensus on Denny’s is a Strong Buy with an average price target of $12.25.
See today’s analyst top recommended stocks >>
The company has a one-year high of $23.88 and a one-year low of $4.50. Currently, Denny’s has an average volume of 1.8M.
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.
Denny’s Corp. operates as a family restaurant chain, which owns and operates Denny’s restaurant brand. It provides breakfast, lunch and dinner including craveable burgers, sandwiches, salads and entrees. The company also offers appetizers and desserts cater to the late-night crowd. It has various franchised, licensed, and company-owned restaurants across Canada, Costa Rica, Guam, Honduras, Mexico, New Zealand, Puerto Rico & the United States. The company was founded by Harold Butler and Richard Jezak in 1953 and is headquartered in Spartanburg, SC.