DineEquity Upgraded by KeyCorp to Buy (DIN)
DineEquity (NYSE:DIN) was upgraded by KeyCorp from a “hold” rating to a “buy” rating in a research note issued on Friday, TheFlyOnTheWall.com reports. The firm currently has a $90.00 price target on the stock. KeyCorp’s price objective would suggest a potential upside of 14.84% from the stock’s previous close.
Separately, analysts at Zacks downgraded shares of DineEquity from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $87.70 price target on the stock. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. DineEquity has a consensus rating of “Hold” and an average price target of $86.68.
DineEquity (NYSE:DIN) opened at 78.37 on Friday. DineEquity has a 52-week low of $64.44 and a 52-week high of $85.74. The stock has a 50-day moving average of $81.45 and a 200-day moving average of $75.36. The company has a market cap of $1.491 billion and a P/E ratio of 20.45.
DineEquity, Inc owns franchise and operate two restaurant concepts: Applebee’s Neighborhood Grill & Bar, (NYSE:DIN), in the bar and grill segment of the casual dining category of the restaurant industry, and International House of Pancakes (IHOP), in the family dining category of the restaurant industry.
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