Walt Disney (NYSE:DIS) Given New $120.00 Price Target at Sanford C. Bernstein

Walt Disney (NYSE:DIS) had its price objective boosted by Sanford C. Bernstein from $115.00 to $120.00 in a research report released on Friday morning,Benzinga reports. They currently have an outperform rating on the entertainment giant’s stock.

Several other equities analysts have also commented on DIS. Wells Fargo & Company raised their price objective on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday. Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. Macquarie raised their target price on shares of Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday. Evercore ISI upped their price target on Walt Disney from $105.00 to $128.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Finally, Loop Capital reduced their price objective on Walt Disney from $139.00 to $130.00 and set a “buy” rating for the company in a research report on Tuesday, July 30th. Five investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $123.83.

Walt Disney Stock Down 1.3 %

Shares of NYSE:DIS opened at $113.55 on Friday. The firm has a market capitalization of $205.93 billion, a P/E ratio of 41.90, a P/E/G ratio of 1.87 and a beta of 1.40. 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 50 day moving average price of $96.07 and a 200-day moving average price of $96.60. Walt Disney has a 52-week low of $83.91 and a 52-week high of $123.74.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. ESL Trust Services LLC bought a new position in shares of Walt Disney in the 1st quarter worth approximately $31,000. William B. Walkup & Associates Inc. purchased a new stake in Walt Disney during the second quarter valued at approximately $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 during the period. First PREMIER Bank boosted its stake in shares of 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 last quarter. Finally, FSA Wealth Management LLC bought a new stake in shares of Walt Disney during the 3rd quarter valued at $51,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

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.