Wells Fargo (NYSE:WFC) analyst Jon Tower maintained a Buy rating on Denny's (NASDAQ:DENN) Corp. on Sunday, setting a price target of $19, which is approximately 15.29% above the present share price of $16.48.
Tower expects Denny's Corp. to post earnings per share (EPS) of $0.19 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Denny's, with an average price target of $18.25.
The analysts price targets range from a high of $20 to a low of $17.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $103.79 million and a net profit of $17.44 million. The company's market cap is $1.04 billion.
According to TipRanks.com, Wells Fargo analyst Jon Tower is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 18.2% and a 74.51% success rate.
Denny's Corp. operates as a family restaurant chain, which owns and operates Denny's restaurant brand. It provides breakfast, lunch and dinner including craveable burgers, sandwiches, salads and entrees. The company also offers appetizers and desserts cater to the late-night crowd. It has various franchised, licensed, and company-owned restaurants across Canada, Costa Rica, Guam, Honduras, Mexico, New Zealand, Puerto Rico & the United States. The company was founded by Harold Butler and Richard Jezak in 1953 and is headquartered in Spartanburg, SC.