Loop Capital Raises Walt Disney (NYSE:DIS) Price Target to $125.00

Walt Disney (NYSE:DIS) had its target price raised by Loop Capital from $120.00 to $125.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have a buy rating on the entertainment giant’s stock.

Several other analysts also recently weighed in on DIS. Needham & Company LLC restated a “buy” rating and issued a $110.00 price target on shares of Walt Disney in a research note on Wednesday, October 23rd. Barclays cut their target price on Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. JPMorgan Chase & Co. lowered their price target on Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Sanford C. Bernstein increased their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Macquarie lifted their target price on shares of Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday. Five investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $123.57.

Walt Disney Trading Up 5.5 %

Shares of NYSE DIS opened at $115.08 on Friday. The stock has a market cap of $208.71 billion, a P/E ratio of 42.46, a price-to-earnings-growth ratio of 1.87 and a beta of 1.40. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.66. Walt Disney has a 1 year low of $83.91 and a 1 year high of $123.74. The firm has a 50-day moving average of $95.57 and a 200 day moving average of $96.60.

Hedge Funds Weigh In On Walt Disney

A number of institutional investors have recently bought and sold shares of the stock. ESL Trust Services LLC purchased a new stake in Walt Disney in the first quarter worth about $31,000. William B. Walkup & Associates Inc. bought a new position in shares of Walt Disney during the 2nd quarter valued at approximately $32,000. Mascoma Wealth Management LLC increased its holdings in Walt Disney by 38.0% in the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after acquiring an additional 122 shares in the last quarter. First PREMIER Bank raised its stake in Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after acquiring an additional 256 shares during the period. Finally, FSA Wealth Management LLC purchased a new position in Walt Disney during the third quarter valued at approximately $51,000. 65.71% of the stock is owned by institutional investors.

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.