Morgan Stanley Boosts Walt Disney (NYSE:DIS) Price Target to $125.00

Walt Disney (NYSE:DIS) had its price target lifted by Morgan Stanley from $110.00 to $125.00 in a report released on Friday morning,Benzinga reports. Morgan Stanley currently has an overweight rating on the entertainment giant’s stock.

A number of other analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research report on Friday. Raymond James reaffirmed a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. UBS Group decreased their price objective on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Bank of America raised their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Macquarie upped their price target on shares of Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday. Five 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $123.83.

Walt Disney Stock Down 1.3 %

Shares of DIS stock opened at $113.55 on Friday. Walt Disney has a 52-week low of $83.91 and a 52-week high of $123.74. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.73. The stock has a market cap of $205.93 billion, a price-to-earnings ratio of 41.90, a PEG ratio of 1.87 and a beta of 1.40. The firm’s 50-day moving average is $96.07 and its 200-day moving average is $96.60.

Institutional Investors Weigh In On Walt Disney

Several institutional investors and hedge funds have recently bought and sold shares of DIS. ESL Trust Services LLC acquired a new position in shares of Walt Disney in the 1st quarter valued at approximately $31,000. William B. Walkup & Associates Inc. acquired a new position in Walt Disney during the second quarter valued at approximately $32,000. Mascoma Wealth Management LLC lifted its stake in Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares during the last quarter. First PREMIER Bank boosted its holdings 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 $51,000. Institutional investors own 65.71% of the company’s stock.

About Walt Disney

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.