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Equities researchers at FBR Capital Markets lifted their price objective on shares of The Walt Disney Company (NYSE:DIS) from $85.00 to $96.00 in a research report issued on Tuesday, Stock Ratings Network.com reports. The firm currently has an “outperform” rating on the stock. FBR Capital Markets’ price objective points to a potential upside of 22.08% from the company’s current price.

A number of other analysts have also recently weighed in on DIS. Analysts at Cowen and Company raised their price target on shares of The Walt Disney Company from $71.00 to $73.00 in a research note on Monday. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of The Walt Disney Company in a research note on Thursday, April 24th. They now have a $92.00 price target on the stock. Finally, analysts at Evercore Partners raised their price target on shares of The Walt Disney Company from $80.00 to $85.00 in a research note on Thursday, April 17th. They now have an “overweight” rating on the stock. Eleven equities 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’s stock. The company has an average rating of “Buy” and an average price target of $81.03.

The Walt Disney Company (NYSE:DIS) traded up 1.11% during mid-day trading on Tuesday, hitting $78.64. 4,608,880 shares of the company’s stock traded hands. The Walt Disney Company has a 52 week low of $60.41 and a 52 week high of $83.65. The stock has a 50-day moving average of $79.66 and a 200-day moving average of $74.73. The company has a market cap of $137.8 billion and a P/E ratio of 21.39.

The Walt Disney Company (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 previous year, the company posted $0.79 earnings per share. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. On average, analysts predict that The Walt Disney Company will post $4.05 earnings per share for the current fiscal year.

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

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