Walt Disney (NYSE:DIS) Price Target Raised to $125.00

Walt Disney (NYSE:DIS) had its price objective hoisted by stock analysts at Morgan Stanley from $110.00 to $125.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the entertainment giant’s stock. Morgan Stanley’s target price would suggest a potential upside of 10.63% from the stock’s previous close.

Several other research firms have also weighed in on DIS. Sanford C. Bernstein lifted their price objective on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday. UBS Group reduced their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Piper Sandler began coverage on Walt Disney in a research report on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price target on the stock. JPMorgan Chase & Co. reduced their price target on Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday. Four equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $123.36.

Walt Disney Trading Up 3.5 %

Shares of NYSE DIS traded up $3.87 during midday trading on Friday, hitting $112.99. The stock had a trading volume of 13,812,055 shares, compared to its average volume of 10,923,229. The company has a market capitalization of $204.92 billion, a price-to-earnings ratio of 43.40, a PEG ratio of 1.67 and a beta of 1.40. Walt Disney has a 1-year low of $83.91 and a 1-year high of $123.74. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38. The company has a fifty day moving average price of $95.03 and a 200 day moving average price of $96.77.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. ESL Trust Services LLC acquired a new stake in shares of Walt Disney in the first quarter valued at $31,000. William B. Walkup & Associates Inc. acquired a new stake in shares of Walt Disney in the second quarter valued at $32,000. Mascoma Wealth Management LLC lifted its holdings in shares of Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after purchasing an additional 122 shares during the last quarter. First PREMIER Bank lifted its holdings in shares of Walt Disney by 98.1% during the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after purchasing an additional 256 shares during the last quarter. Finally, FSA Wealth Management LLC purchased a new stake in shares of Walt Disney during the third quarter valued at $51,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.