Walt Disney Company (The) (DIS) Rating Reiterated by J P Morgan Chase & Co

J P Morgan Chase & Co reiterated their overweight rating on shares of Walt Disney Company (The) (NYSE:DIS) in a report issued on Monday. They currently have a $125.00 price target on the entertainment giant’s stock, down from their previous price target of $130.00.

A number of other brokerages also recently weighed in on DIS. Vetr downgraded shares of Walt Disney Company (The) from a buy rating to a hold rating and set a $110.54 target price for the company. in a research note on Thursday, July 27th. Deutsche Bank AG reissued a buy rating and set a $125.00 target price (down previously from $130.00) on shares of Walt Disney Company (The) in a research note on Monday, May 15th. BidaskClub raised shares of Walt Disney Company (The) from a hold rating to a buy rating in a research note on Wednesday, August 2nd. Credit Suisse Group reissued a buy rating and set a $125.00 target price on shares of Walt Disney Company (The) in a research note on Sunday, May 28th. Finally, Macquarie downgraded shares of Walt Disney Company (The) from an outperform rating to a neutral rating and lifted their target price for the stock from $90.32 to $105.00 in a research note on Wednesday, May 17th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and twenty-one have given a buy rating to the stock. Walt Disney Company (The) has an average rating of Hold and an average price target of $113.98.

Walt Disney Company (DIS) opened at 97.97 on Monday. Walt Disney Company has a one year low of $90.32 and a one year high of $116.10. The firm has a market cap of $151.21 billion, a price-to-earnings ratio of 17.38 and a beta of 1.42. The stock has a 50 day moving average of $102.90 and a 200 day moving average of $107.75.

Walt Disney Company (The) (NYSE:DIS) last announced its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The business had revenue of $14.24 billion during the quarter, compared to the consensus estimate of $14.44 billion. During the same quarter last year, the firm earned $1.62 earnings per share. Walt Disney Company (The)’s quarterly revenue was down .3% on a year-over-year basis. Equities research analysts predict that Walt Disney Company will post $5.82 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Walt Disney Company (The) (DIS) Rating Reiterated by J P Morgan Chase & Co” was originally published by BBNS and is the property of of BBNS. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & international trademark and copyright laws. The original version of this news story can be viewed at https://baseballnewssource.com/markets/walt-disney-company-the-dis-rating-reiterated-by-j-p-morgan-chase-co/1634289.html.

In other news, Director Maria Elena Lagomasino acquired 976 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were bought at an average cost of $102.34 per share, with a total value of $99,883.84. Following the transaction, the director now owns 7,513 shares of the company’s stock, valued at approximately $768,880.42. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.38% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Walt Disney Company (The) by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock valued at $10,497,824,000 after acquiring an additional 2,131,932 shares during the last quarter. State Street Corp boosted its holdings in shares of Walt Disney Company (The) by 0.7% during the 1st quarter. State Street Corp now owns 67,739,871 shares of the entertainment giant’s stock valued at $7,681,023,000 after acquiring an additional 456,053 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Walt Disney Company (The) by 2.5% during the 2nd quarter. Northern Trust Corp now owns 20,462,287 shares of the entertainment giant’s stock valued at $2,174,118,000 after acquiring an additional 500,349 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Walt Disney Company (The) by 1.2% during the 1st quarter. Fisher Asset Management LLC now owns 8,846,672 shares of the entertainment giant’s stock valued at $1,003,124,000 after acquiring an additional 101,808 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in shares of Walt Disney Company (The) by 5.3% during the 2nd quarter. Legal & General Group Plc now owns 7,885,053 shares of the entertainment giant’s stock valued at $837,761,000 after acquiring an additional 394,012 shares during the last quarter. 61.48% of the stock is currently owned by hedge funds and other institutional investors.

About Walt Disney Company (The)

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.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

Receive News & Ratings for Walt Disney Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney Company (The) and related companies with our FREE daily email newsletter.

 


Latest News

New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw


Leave a Reply

 
© 2006-2017 BBNS.