Walt Disney (NYSE:DIS) had its target price increased by analysts at Loop Capital from $106.00 to $108.00 in a note issued to investors on Wednesday. The brokerage presently has a “hold” rating on the entertainment giant’s stock. Loop Capital’s price target would suggest a potential downside of 0.62% from the stock’s current price.
A number of other equities analysts also recently commented on DIS. B. Riley restated a “neutral” rating on shares of Walt Disney in a report on Wednesday, November 1st. Bank of America restated a “buy” rating and issued a $144.00 price objective (up from $130.00) on shares of Walt Disney in a report on Wednesday, January 10th. Barclays set a $105.00 target price on Walt Disney and gave the company a “hold” rating in a report on Tuesday, January 23rd. Jefferies Group reiterated a “hold” rating and set a $103.00 target price (down from $110.00) on shares of Walt Disney in a report on Friday, October 6th. Finally, Vetr upgraded Walt Disney from a “hold” rating to a “buy” rating and set a $115.53 target price on the stock in a report on Monday, January 22nd. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. Walt Disney currently has an average rating of “Hold” and a consensus target price 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. The stock has a market cap of $164,130.00, a P/E ratio of 19.13, a price-to-earnings-growth ratio of 1.95 and a beta of 1.38. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. Walt Disney has a 52 week low of $96.20 and a 52 week high of $116.10.
A number of hedge funds have recently bought and sold shares of DIS. Lee Financial Co grew its position in shares of Walt Disney by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after acquiring an additional 74 shares in the last quarter. Legacy Advisors LLC acquired a new position in shares of Walt Disney in the 3rd quarter worth approximately $137,000. Malaga Cove Capital LLC acquired a new position in shares of Walt Disney in the 3rd quarter worth approximately $140,000. Wealthcare Advisory Partners LLC acquired a new position in shares of Walt Disney in the 3rd quarter worth approximately $142,000. Finally, Cerebellum GP LLC acquired a new position in shares of Walt Disney in the 4th quarter worth approximately $142,000. Institutional investors own 61.62% of the company’s stock.
About Walt Disney
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.
