Maxim Group recorded DineEquity (NYSE:DIN), bumping up its stock price target to $94.00 today
- Updated: September 30, 2016
In a report issued 9/30/2016 Maxim Group bumped up the target of DineEquity (NYSE:DIN) to $94.00 stating a potential upside of 0.20%.
Yesterday DineEquity (NYSE:DIN) traded 1.32% higher at $78.16. The company’s 50-day moving average is $77.92 and its 200-day moving average is $83.53. The last closing price is down -5.19% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 189,848 shares of the stock traded hands, up from an average trading volume of 188,820
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DineEquity has a 52 week low of $75.05 and a 52 week high of $98.82 with a P/E ratio of 14.51 The company’s market cap is currently $0.
In addition to Maxim Group reporting its stock price target, a total of 2 brokers have issued a research note on the company. The average stock price target is $96.50 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About DineEquity (NYSE:DIN)
DineEquity, Inc., together with its subsidiaries, owns and franchises the Applebee's Neighborhood Grill & Bar (Applebee's) concept in the bar and grill segment within the casual dining category of the restaurant industry, and owns, franchises and operates the International House of Pancakes (IHOP) concept in the family dining category of the restaurant industry. The Company operates through four segments: Franchise operations, Rental operations, Company restaurant operations and Financing operations. The Company has approximately 3,720 restaurants across both brands that are franchised. Each Applebee's restaurant features food, alcoholic and non-alcoholic beverage items and table service. Applebee's features a selection of modern American grill and bar fare, such as appetizers, sandwiches and burgers, beers and desserts. It also franchises, owns and operates restaurants in the family dining category of the restaurant industry under the name International House of Pancakes.
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