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Raymond James Sticks to Their Hold Rating for Dine Brands Global (DIN)

Tipranks - Wed Apr 22, 11:54PM CDT

In a report released yesterday, from Raymond James reiterated a Hold rating on Dine Brands Global. The company’s shares closed yesterday at $28.28.

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The word on The Street in general, suggests a Hold analyst consensus rating for Dine Brands Global with a $31.00 average price target.

Based on Dine Brands Global’s latest earnings release for the quarter ending December 28, the company reported a quarterly revenue of $217.57 million and a GAAP net loss of $12.24 million. In comparison, last year the company earned a revenue of $204.77 million and had a net profit of $5.17 million

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DIN in relation to earlier this year. Last month, Douglas Pasquale, a Director at DIN bought 1,000.00 shares for a total of $27,750.00.

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