Walt Disney (NYSE:DIS) Price Target Raised to $123.00

Walt Disney (NYSE:DIS) had its price target raised by TD Cowen from $108.00 to $123.00 in a research report report published on Friday,Benzinga reports. The firm currently has a hold rating on the entertainment giant’s stock.

A number of other research analysts have also recently commented on DIS. Raymond James restated a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Macquarie raised their target price on Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday. Barclays lowered their target price on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. Finally, Bank of America raised their target price on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday. Five analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $123.57.

Walt Disney Trading Up 5.5 %

DIS traded up $5.96 during midday trading on Friday, reaching $115.08. 32,048,032 shares of the company’s stock traded hands, compared to its average volume of 11,005,124. The firm has a fifty day moving average of $95.57 and a two-hundred day moving average of $96.79. The stock has a market capitalization of $208.71 billion, a price-to-earnings ratio of 44.25, a P/E/G ratio of 1.67 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. Walt Disney has a 52 week low of $83.91 and a 52 week high of $123.74.

Institutional Trading of Walt Disney

Large investors have recently modified their holdings of the company. ESL Trust Services LLC bought a new stake in Walt Disney during the first quarter valued at about $31,000. William B. Walkup & Associates Inc. bought a new stake in Walt Disney during the second quarter valued at about $32,000. Mascoma Wealth Management LLC grew its holdings in Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after purchasing an additional 122 shares during the period. First PREMIER Bank grew its holdings in Walt Disney by 98.1% during 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 during the period. Finally, FSA Wealth Management LLC bought a new stake in Walt Disney during the third quarter valued at about $51,000. Institutional investors own 65.71% of the company’s stock.

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.