Walt Disney (NYSE:DIS) Price Target Raised to $131.00 at Deutsche Bank Aktiengesellschaft

Walt Disney (NYSE:DIS) had its price objective upped by Deutsche Bank Aktiengesellschaft from $115.00 to $131.00 in a report published on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the entertainment giant’s stock.

Several other equities analysts also recently weighed in on the company. Evercore ISI raised their price objective on Walt Disney from $105.00 to $128.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Piper Sandler initiated coverage on shares of Walt Disney in a research report on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price objective on the stock. JPMorgan Chase & Co. dropped their target price on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Finally, UBS Group reduced their price target on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Five equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $123.83.

Walt Disney Stock Down 1.3 %

DIS stock opened at $113.55 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The company’s 50-day moving average price is $96.07 and its 200 day moving average price is $96.60. Walt Disney has a 52 week low of $83.91 and a 52 week high of $123.74. The company has a market cap of $205.93 billion, a P/E ratio of 41.90, a P/E/G ratio of 1.87 and a beta of 1.40.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DIS. Soltis Investment Advisors LLC grew its stake in Walt Disney by 5.5% in the third quarter. Soltis Investment Advisors LLC now owns 6,371 shares of the entertainment giant’s stock valued at $613,000 after purchasing an additional 334 shares in the last quarter. TD Private Client Wealth LLC increased its position in Walt Disney by 1.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 13,333 shares of the entertainment giant’s stock worth $1,283,000 after buying an additional 139 shares during the period. Sunbelt Securities Inc. raised its stake in Walt Disney by 25.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 6,898 shares of the entertainment giant’s stock valued at $663,000 after purchasing an additional 1,406 shares during the last quarter. Financial Avengers Inc. lifted its stake in shares of Walt Disney by 4.5% in the third quarter. Financial Avengers Inc. now owns 49,665 shares of the entertainment giant’s stock valued at $4,777,000 after buying an additional 2,152 shares during the period. Finally, Coldstream Capital Management Inc. grew its holdings in shares of Walt Disney by 66.0% during the 3rd quarter. Coldstream Capital Management Inc. now owns 47,817 shares of the entertainment giant’s stock worth $4,615,000 after purchasing an additional 19,003 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Company Profile

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.