The Walt Disney Company (NYSE:DIS) Receives $123.57 Consensus Target Price from Analysts

Shares of The Walt Disney Company (NYSE:DIS) have received a consensus recommendation of “Moderate Buy” from the twenty-four brokerages that are currently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation, eighteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $123.83.

A number of analysts recently weighed in on DIS shares. Guggenheim upped their target price on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday. Sanford C. Bernstein upped their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday. Seaport Res Ptn upgraded shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. UBS Group cut their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Finally, Barclays lowered their price target on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, August 8th.

Walt Disney Stock Down 1.3 %

DIS stock opened at $113.55 on Friday. The company’s 50 day moving average price is $96.07 and its 200 day moving average price is $96.60. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.73. Walt Disney has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The firm has a market capitalization of $205.93 billion, a price-to-earnings ratio of 41.90, a PEG ratio of 1.87 and a beta of 1.40.

Institutional Investors Weigh In On Walt Disney

Hedge funds have recently modified their holdings of the stock. ESL Trust Services LLC purchased a new position in Walt Disney in the first quarter worth $31,000. William B. Walkup & Associates Inc. purchased a new position in Walt Disney in the second quarter worth $32,000. Mascoma Wealth Management LLC raised its position in Walt Disney by 38.0% in the second 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 position in Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after acquiring an additional 256 shares in the last quarter. Finally, FSA Wealth Management LLC purchased a new position in Walt Disney in the third quarter worth $51,000. 65.71% of the stock is owned by institutional investors and hedge funds.

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.