The Walt Disney Company Price Target Increased to $95.00 by Analysts at Nomura (DIS)
Equities research analysts at Nomura lifted their price target on shares of The Walt Disney Company (NYSE:DIS) to $95.00 in a research note issued to investors on Wednesday. Nomura’s target price indicates a potential upside of 9.86% from the company’s current price.
The Walt Disney Company (NYSE:DIS) opened at 86.47 on Wednesday. The Walt Disney Company has a one year low of $60.41 and a one year high of $86.87. The stock has a 50-day moving average of $83.39 and a 200-day moving average of $79.17. The company has a market cap of $149.8 billion and a price-to-earnings ratio of 22.06.
The Walt Disney Company (NYSE:DIS) last announced its earnings results on Tuesday, May 6th. The company reported $1.11 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.79 earnings per share. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. Analysts expect that The Walt Disney Company will post $4.20 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group initiated coverage on shares of The Walt Disney Company in a research note on Wednesday, June 25th. They set a “buy” rating and a $100.00 price target on the stock. Separately, analysts at Morgan Stanley reiterated a “positive” rating on shares of The Walt Disney Company in a research note on Tuesday, June 24th. Finally, analysts at Wunderlich raised their price target on shares of The Walt Disney Company from $77.00 to $83.00 in a research note on Friday, May 30th. They now have a “hold” rating on the stock. Six investment analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has assigned a strong buy rating to the stock. The Walt Disney Company presently has a consensus rating of “Buy” and an average price target of $85.20.
The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company.
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