Where Dine Brands Global Stands With Analysts
Portfolio Pulse from Benzinga Insights
Dine Brands Global (NYSE:DIN) has received 7 analyst ratings in the last quarter, with 1 bullish, 4 somewhat bullish, and 2 indifferent. The average price target is $57.57, representing an implied upside from the current price of $50.5. This average price target has decreased by 11.03% from the previous average of $64.71. Analysts rate stocks typically once a quarter and provide forecasts on earnings, revenue, and growth, although their predictions are not infallible.
December 15, 2023 | 5:00 pm
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POSITIVE IMPACT
Dine Brands Global has a majority of somewhat bullish ratings and an average price target suggesting an upside. The target has been lowered from the previous quarter.
The majority of somewhat bullish ratings and the presence of an upside in the average price target suggest a positive short-term impact on DIN's stock price. However, the decrease in the average price target may temper expectations slightly, hence the importance is not at the maximum. The confidence level is high due to the direct correlation between analyst ratings and stock price movements, but not at the maximum because analyst predictions are not always accurate.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100