Walt Disney (NYSE:DIS) Price Target Raised to $140.00

Walt Disney (NYSE:DIS) had its price objective upped by Bank of America from $120.00 to $140.00 in a research report report published on Friday,Benzinga reports. Bank of America currently has a buy rating on the entertainment giant’s stock.

A number of other equities analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday. JPMorgan Chase & Co. cut their price target on Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. UBS Group decreased their price objective 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. Evercore ISI raised their target price on shares of Walt Disney from $105.00 to $128.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Finally, Macquarie upped their price target on shares of Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday. Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $123.83.

Walt Disney Stock Performance

Shares of DIS opened at $113.55 on Friday. The company has a market cap of $205.93 billion, a PE ratio of 41.90, a price-to-earnings-growth ratio of 1.87 and a beta of 1.40. The firm has a 50-day moving average of $96.07 and a 200-day moving average of $96.60. 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.

Institutional Trading of Walt Disney

Institutional investors and hedge funds have recently made changes to their positions in the company. Smithfield Trust Co lifted its stake in Walt Disney by 0.5% during the third quarter. Smithfield Trust Co now owns 18,869 shares of the entertainment giant’s stock worth $1,809,000 after purchasing an additional 102 shares during the last quarter. Drucker Wealth 3.0 LLC lifted its position in shares of Walt Disney by 0.9% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 11,657 shares of the entertainment giant’s stock worth $1,121,000 after buying an additional 106 shares during the last quarter. Transcendent Capital Group LLC boosted its stake in Walt Disney by 1.4% in the first quarter. Transcendent Capital Group LLC now owns 7,912 shares of the entertainment giant’s stock valued at $968,000 after buying an additional 108 shares in the last quarter. Connable Office Inc. grew its position in Walt Disney by 0.3% in the third quarter. Connable Office Inc. now owns 35,048 shares of the entertainment giant’s stock valued at $3,371,000 after acquiring an additional 108 shares during the last quarter. Finally, ADE LLC raised its stake in Walt Disney by 4.6% during the second quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock worth $249,000 after acquiring an additional 110 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

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.