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

Walt Disney (NYSE:DIS) had its target price increased by Loop Capital from $120.00 to $125.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the entertainment giant’s stock. Loop Capital’s price objective suggests a potential upside of 10.45% from the company’s previous close.

A number of other research firms have also issued reports on DIS. Deutsche Bank Aktiengesellschaft increased their target price on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a report on Friday. Sanford C. Bernstein raised their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Friday. Wells Fargo & Company upped their price target on shares of Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research report on Friday. JPMorgan Chase & Co. decreased their price target on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Finally, Macquarie increased their target price on Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday. Four analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $123.14.

Walt Disney Stock Performance

DIS stock traded up $4.05 during midday trading on Friday, reaching $113.17. The stock had a trading volume of 15,320,028 shares, compared to its average volume of 10,930,021. The stock has a market cap of $205.24 billion, a PE ratio of 43.53, a P/E/G ratio of 1.67 and a beta of 1.40. The firm has a fifty day simple moving average of $95.03 and a two-hundred day simple moving average of $96.77. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72. Walt Disney has a 52-week low of $83.91 and a 52-week high of $123.74.

Institutional Trading of Walt Disney

Several hedge funds have recently added to or reduced their stakes in DIS. ESL Trust Services LLC purchased a new position in Walt Disney during the 1st quarter valued at about $31,000. William B. Walkup & Associates Inc. acquired a new stake in shares of Walt Disney in the second quarter valued at about $32,000. Mascoma Wealth Management LLC boosted its stake in shares of Walt Disney by 38.0% in 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 period. First PREMIER Bank raised its position in shares of Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after purchasing an additional 256 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new stake in shares of Walt Disney in the 3rd quarter valued at about $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.