Walt Disney (NYSE:DIS) Price Target Raised to $125.00 at Morgan Stanley

Walt Disney (NYSE:DIS) had its price target upped by Morgan Stanley from $110.00 to $125.00 in a report issued on Friday,Benzinga reports. Morgan Stanley currently has an overweight rating on the entertainment giant’s stock.

A number of other research analysts have also recently commented on DIS. JPMorgan Chase & Co. dropped their price target on Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Bank of America increased their target price on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday. Raymond James restated a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Wells Fargo & Company upped their price objective on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Sanford C. Bernstein lifted their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday. Five investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.83.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $113.55 on Friday. Walt Disney has a one year low of $83.91 and a one year high of $123.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.66. The company has a market cap of $205.93 billion, a price-to-earnings ratio of 41.90, a PEG ratio of 1.87 and a beta of 1.40. The firm has a 50 day simple moving average of $96.07 and a 200 day simple moving average of $96.60.

Institutional Investors Weigh In On Walt Disney

Hedge funds have recently added to or reduced their stakes in the business. ESL Trust Services LLC acquired a new stake in shares of Walt Disney during the 1st quarter worth approximately $31,000. William B. Walkup & Associates Inc. acquired a new stake in Walt Disney in the second quarter worth $32,000. Mascoma Wealth Management LLC grew its holdings in Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares during the period. First PREMIER Bank increased its stake in Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after purchasing an additional 256 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new position in shares of Walt Disney during the third quarter valued at about $51,000. 65.71% of the stock is currently owned by institutional investors.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.