Dine Brands Global Common found using ticker (DIN) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 118 and 98 with a mean TP of 107.5. Given that the stocks previous close was at 74.17 this is indicating there is a potential upside of 44.9%. The 50 day MA is 79.04 and the 200 moving average now moves to 84.18. The company has a market capitalisation of $1,244m. Company Website: https://www.dinebrands.com
The potential market cap would be $1,803m 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.
