Walt Disney Company (The) (NYSE:DIS)‘s stock had its “outperform” rating restated by Credit Suisse Group in a report issued on Monday. They presently have a $120.00 price target on the entertainment giant’s stock. Credit Suisse Group’s target price points to a potential upside of 23.62% from the company’s current price.

A number of other research analysts have also recently issued reports on DIS. Goldman Sachs Group, Inc. (The) set a $134.00 price target on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a report on Saturday, May 20th. Macquarie cut shares of Walt Disney Company (The) from an “outperform” rating to a “neutral” rating and raised their price target for the stock from $90.32 to $105.00 in a report on Wednesday, May 17th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $125.00 price target (down previously from $130.00) on shares of Walt Disney Company (The) in a report on Monday, May 15th. Zacks Investment Research cut shares of Walt Disney Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $122.00 price target (down previously from $128.00) on shares of Walt Disney Company (The) in a report on Wednesday, July 12th. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-one have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $113.98.

Shares of Walt Disney Company (NYSE DIS) remained flat at $97.07 during trading on Monday. The company had a trading volume of 5,939,200 shares. Walt Disney Company has a 12 month low of $90.32 and a 12 month high of $116.10. The firm’s 50-day moving average price is $103.83 and its 200-day moving average price is $108.07. The stock has a market capitalization of $149.83 billion, a price-to-earnings ratio of 17.22 and a beta of 1.42.

Walt Disney Company (The) (NYSE:DIS) last posted its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The company had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. During the same quarter in the prior year, the company posted $1.62 earnings per share. Walt Disney Company (The)’s revenue for the quarter was down .3% compared to the same quarter last year. Equities analysts expect that Walt Disney Company will post $5.84 earnings per share for the current fiscal year.

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In related news, Director Maria Elena Lagomasino bought 976 shares of the stock in a transaction dated Thursday, August 10th. The stock was acquired at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the acquisition, the director now owns 7,513 shares in the company, valued at approximately $768,880.42. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 13.00% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in DIS. Lowe FS raised its position in Walt Disney Company (The) by 4.5% during the 3rd quarter. Lowe FS now owns 368 shares of the entertainment giant’s stock worth $38,000 after buying an additional 16 shares during the last quarter. Balentine LLC raised its position in Walt Disney Company (The) by 365.8% during the 2nd quarter. Balentine LLC now owns 1,076 shares of the entertainment giant’s stock worth $105,000 after buying an additional 845 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. purchased a new position in Walt Disney Company (The) during the 4th quarter worth $110,000. Lombard Odier Transatlantic Limited Partnership raised its position in Walt Disney Company (The) by 71.4% during the 3rd quarter. Lombard Odier Transatlantic Limited Partnership now owns 1,200 shares of the entertainment giant’s stock worth $111,000 after buying an additional 500 shares during the last quarter. Finally, Lee Financial Co raised its position in Walt Disney Company (The) by 7.6% during the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after buying an additional 74 shares during the last quarter. Hedge funds and other institutional investors own 61.48% of the company’s stock.

About Walt Disney Company (The)

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

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