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DineEquity (NYSE:DIN)‘s stock had its “strong-buy” rating reiterated by research analysts at Raymond James in a report released on Wednesday. They currently have a $100.00 target price on the stock, up from their previous target price of $95.00. Raymond James’ price objective indicates a potential upside of 21.91% from the stock’s previous close.

Shares of DineEquity (NYSE:DIN) traded down 1.76% during mid-day trading on Wednesday, hitting $82.03. 205,760 shares of the company’s stock traded hands. DineEquity has a 1-year low of $64.44 and a 1-year high of $85.74. The stock’s 50-day moving average is $79.10 and its 200-day moving average is $79.46. The company has a market cap of $1.571 billion and a P/E ratio of 21.73.

DineEquity (NYSE:DIN) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.05 by $0.11. The company had revenue of $160.50 million for the quarter, compared to the consensus estimate of $159.53 million. During the same quarter last year, the company posted $1.02 earnings per share. DineEquity’s revenue was up 1.5% compared to the same quarter last year. On average, analysts predict that DineEquity will post $4.45 earnings per share for the current fiscal year.

Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of DineEquity from $90.00 to $92.00 in a research note on Friday, May 2nd. They now have an “overweight” rating on the stock. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. DineEquity currently has an average rating of “Buy” and a consensus price target of $92.74.

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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