The Walt Disney Company Coverage Initiated at Hudson Square Research (DIS)
Analysts at Hudson Square Research initiated coverage on shares of The Walt Disney Company (NYSE:DIS) in a research report issued to clients and investors on Monday. The firm set a “buy” rating and a $96.00 price target on the stock. Hudson Square Research’s price objective suggests a potential upside of 19.42% from the company’s current price.
A number of other firms have also recently commented on DIS. Analysts at Zacks reiterated a “neutral” rating on shares of The Walt Disney Company in a research note on Friday. They now have a $84.00 price target on the stock. Separately, analysts at FBR Capital Markets reiterated an “outperform” rating on shares of The Walt Disney Company in a research note on Thursday, May 8th. They now have a $97.00 price target on the stock, up previously from $96.00. Finally, analysts at Stifel Nicolaus raised their price target on shares of The Walt Disney Company from $85.00 to $90.00 in a research note on Thursday, May 8th. They now have a “buy” rating on the stock. Eight research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the stock. The Walt Disney Company currently has a consensus rating of “Buy” and an average price target of $83.65.
The Walt Disney Company (NYSE:DIS) opened at 80.39 on Monday. The Walt Disney Company has a one year low of $60.41 and a one year high of $83.65. The stock’s 50-day moving average is $79.88 and its 200-day moving average is $75.86. The company has a market cap of $139.2 billion and a P/E ratio of 20.62.
The Walt Disney Company (NYSE:DIS) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $1.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.95 by $0.16. The company had revenue of $11.65 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same quarter last year, the company posted $0.79 earnings per share. The Walt Disney Company’s revenue was up 10.4% compared to the same quarter last year. On average, analysts predict that The Walt Disney Company will post $4.18 earnings per share for the current fiscal year.
The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.