Dine Brands Global Common with ticker code (DIN) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 118 and 84 and has a mean target at 103. Given that the stocks previous close was at 80.43 this would imply there is a potential upside of 28.1%. The 50 day MA is 74.82 and the 200 day MA is 81.73. The company has a market cap of $1,379m. Company Website: https://www.dinebrands.com
The potential market cap would be $1,767m based on the market concensus.
Dine Brands Global, together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates in five segments: Applebee’s Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations. The company owns and franchises two restaurant concepts, including Applebee’s Neighborhood Grill + Bar in the bar and grill segment of the casual dining category; and International House of Pancakes (IHOP) in the family dining category of the restaurant industry. Its Applebee’s restaurants offer American fare with drinks and drafts; and IHOP restaurants provide full table services, and food and beverage offerings. As of December 31, 2020, the company had 1,642 Applebee’s franchised restaurants, and 1,769 IHOP franchised and area licensed restaurants. It is also involved in the lease or sublease of 621 IHOP franchised restaurants and two Applebee’s franchised restaurant; and the financing of franchise fees and equipment leases. The company was formerly known as DineEquity and changed its name to Dine Brands Global in February 2018. Dine Brands Global was founded in 1958 and is headquartered in Glendale, California.
