Walt Disney (NYSE:DIS) Price Target Raised to $140.00

Walt Disney (NYSE:DIS) had its target price lifted by Bank of America from $120.00 to $140.00 in a research report released on Friday morning,Benzinga reports. They currently have a buy rating on the entertainment giant’s stock.

DIS has been the subject of a number of other research reports. Evercore ISI upped their target price on Walt Disney from $105.00 to $128.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Raymond James restated a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Macquarie upped their target price on Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a report on Friday. Sanford C. Bernstein upped their target price on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Friday. Finally, Barclays decreased their target price on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Five equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $123.57.

Walt Disney Stock Performance

Shares of DIS stock opened at $115.08 on Friday. 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 company has a market capitalization of $208.71 billion, a P/E ratio of 42.46, a PEG ratio of 1.87 and a beta of 1.40. The stock has a 50 day moving average price of $95.57 and a two-hundred day moving average price of $96.60. Walt Disney has a fifty-two week low of $83.91 and a fifty-two week high of $123.74.

Institutional Investors Weigh In On Walt Disney

Institutional investors have recently modified their holdings of the stock. ESL Trust Services LLC purchased a new stake in shares of Walt Disney in the first quarter worth $31,000. William B. Walkup & Associates Inc. purchased a new stake in shares of Walt Disney during the second quarter valued at $32,000. Mascoma Wealth Management LLC boosted its position in shares of Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after buying an additional 122 shares during the last quarter. First PREMIER Bank boosted its position in shares of Walt Disney by 98.1% during the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after buying an additional 256 shares during the last quarter. Finally, FSA Wealth Management LLC purchased a new stake in shares of Walt Disney during the third 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.