Denny’s Corp. Lowered to Neutral at Wedbush (DENN)
Denny’s Corp. (NASDAQ:DENN) was downgraded by equities researchers at Wedbush from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday, TheFlyOnTheWall.com reports.
Separately, analysts at Janney Montgomery Scott downgraded shares of Denny’s Corp. from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 27th. They now have a $7.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $7.08.
Shares of Denny’s Corp. (NASDAQ:DENN) opened at 6.63 on Tuesday. Denny’s Corp. has a 52-week low of $5.22 and a 52-week high of $7.51. The stock’s 50-day moving average is $6.88 and its 200-day moving average is $6.50. The company has a market cap of $591.6 million and a P/E ratio of 23.03.
Denny’s Corporation (NASDAQ:DENN) operates a family-style restaurant chains in the United States.
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