Walt Disney (NYSE:DIS) had its price objective boosted by analysts at Morgan Stanley from $120.00 to $130.00 in a research note issued to investors on Wednesday. The firm currently has an “overweight” rating on the entertainment giant’s stock. Morgan Stanley’s target price indicates a potential upside of 19.63% from the company’s current price.
Other equities research analysts have also recently issued research reports about the company. Goldman Sachs Group upped their price target on Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Citigroup reiterated a “buy” rating and issued a $119.00 price objective on shares of Walt Disney in a research report on Wednesday, November 1st. Piper Jaffray Companies set a $130.00 price objective on Walt Disney and gave the stock a “buy” rating in a research report on Tuesday, October 31st. Vetr cut Walt Disney from a “strong-buy” rating to a “buy” rating and set a $110.51 price objective for the company. in a research report on Thursday, October 19th. Finally, JPMorgan Chase & Co. set a $125.00 price objective on Walt Disney and gave the stock a “buy” rating in a research report on Friday, November 10th. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $117.67.
Walt Disney (NYSE DIS) traded down $1.44 during trading on Wednesday, hitting $108.67. The stock had a trading volume of 9,835,104 shares, compared to its average volume of 7,920,000. Walt Disney has a twelve month low of $96.20 and a twelve month high of $116.10. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. The stock has a market capitalization of $164,130.00, a PE ratio of 19.13, a PEG ratio of 1.95 and a beta of 1.38.
Institutional investors have recently bought and sold shares of the business. Lee Financial Co boosted its stake in shares of Walt Disney by 7.6% during the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after acquiring an additional 74 shares during the last quarter. Legacy Advisors LLC acquired a new stake in shares of Walt Disney during the third quarter valued at $137,000. Malaga Cove Capital LLC acquired a new stake in shares of Walt Disney during the third quarter valued at $140,000. Wealthcare Advisory Partners LLC acquired a new stake in shares of Walt Disney during the third quarter valued at $142,000. Finally, Cerebellum GP LLC acquired a new stake in shares of Walt Disney during the fourth quarter valued at $142,000. 61.62% of the stock is currently owned by institutional investors.
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Walt Disney Company Profile
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.
