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Analysts at FBR Capital Markets boosted their price objective on shares of Walt Disney (NYSE:DIS) from $83.00 to $85.00 in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork.com reports. The firm currently has an “outperform” rating on the stock. FBR Capital Markets’ target price would suggest a potential upside of 18.45% from the stock’s previous close.

Walt Disney (NYSE:DIS) opened at 75.62 on Thursday. Walt Disney has a 1-year low of $53.41 and a 1-year high of $76.84. The stock’s 50-day moving average is $73.89 and its 200-day moving average is $68.10. The company has a market cap of $132.9 billion and a P/E ratio of 21.23. Walt Disney also saw some unusual options trading activity on Wednesday. Investors purchased 18,550 call options on the stock. This is an increase of approximately 154% compared to the typical volume of 7,301 call options.

Walt Disney (NYSE:DIS) last released its earnings data on Wednesday, February 5th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.13. The company had revenue of $12.31 billion for the quarter, compared to the consensus estimate of $12.23 billion. During the same quarter in the prior year, the company posted $0.79 earnings per share. The company’s quarterly revenue was up 8.5% on a year-over-year basis. Analysts expect that Walt Disney will post $3.95 EPS for the current fiscal year.

In other Walt Disney news, EVP Alan Braverman sold 4,334 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $74.26, for a total value of $321,842.84. Following the completion of the sale, the executive vice president now directly owns 225,399 shares in the company, valued at approximately $16,738,130. The sale was disclosed in a legal filing with the SEC, which is available at this link.

DIS has been the subject of a number of other recent research reports. Analysts at Evercore Partners raised their price target on shares of Walt Disney from $75.00 to $80.00 in a research note to investors on Thursday. Separately, analysts at Deutsche Bank raised their price target on shares of Walt Disney from $79.00 to $85.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at Bank of America Corp. set a $88.00 price target on shares of Walt Disney in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Fourteen research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $78.12.

The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company.

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