The Walt Disney Company PT Raised to $101.00 (DIS)
Investment analysts at Argus upped their target price on shares of The Walt Disney Company (NYSE:DIS) from $96.00 to $101.00 in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Argus’ target price would indicate a potential upside of 15.43% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of The Walt Disney Company in a research note on Wednesday, August 6th. They now have a $100.00 price target on the stock, up previously from $90.00. Separately, analysts at Nomura reiterated a “buy” rating on shares of The Walt Disney Company in a research note on Wednesday, August 6th. They now have a $97.00 price target on the stock, up previously from $95.00. Finally, analysts at BMO Capital Markets raised their price target on shares of The Walt Disney Company from $90.00 to $96.00 in a research note on Wednesday, August 6th. Four analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating to the company. The Walt Disney Company has a consensus rating of “Buy” and an average price target of $87.89.
The Walt Disney Company (NYSE:DIS) opened at 87.50 on Tuesday. The Walt Disney Company has a one year low of $60.41 and a one year high of $87.98. The stock’s 50-day moving average is $86.01 and its 200-day moving average is $81.50. The company has a market cap of $150.2 billion and a price-to-earnings ratio of 20.86.
The Walt Disney Company (NYSE:DIS) last released its earnings data on Tuesday, August 5th. The company reported $1.28 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.16 by $0.12. The company had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.17 billion. During the same quarter last year, the company posted $1.03 earnings per share. The Walt Disney Company’s revenue was up 7.7% compared to the same quarter last year. Analysts expect that The Walt Disney Company will post $4.27 EPS 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.