Barclays Remains a Hold on Dine Brands Global (DIN)
In a report released today, Jeff Bernstein from Barclays maintained a Hold rating on Dine Brands Global, with a price target of $26.00.
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According to TipRanks, Bernstein is a 4-star analyst with an average return of 2.8% and a 52.93% success rate. Bernstein covers the Consumer Cyclical sector, focusing on stocks such as Dine Brands Global, Domino’s Pizza, and Jack In The Box.
The word on The Street in general, suggests a Hold analyst consensus rating for Dine Brands Global with a $28.67 average price target.
Based on Dine Brands Global’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $216.17 million and a net profit of $7.33 million. In comparison, last year the company earned a revenue of $195.03 million and had a net profit of $19.06 million
Based on the recent corporate insider activity of 31 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, Richard Dahl, a Director at DIN bought 3,600.00 shares for a total of $98,856.00.
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