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

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

A number of other equities analysts have also issued reports on the stock. Sanford C. Bernstein raised their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday. JPMorgan Chase & Co. reduced 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. UBS Group decreased their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Macquarie increased their price target on Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Bank of America upped their target price on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday. 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. Based on data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $123.57.

Walt Disney Price Performance

Shares of DIS opened at $115.08 on Friday. 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’s fifty day moving average price is $95.57 and its 200-day moving average price is $96.60. The firm has a market capitalization of $208.71 billion, a PE ratio of 42.46, a price-to-earnings-growth ratio of 1.87 and a beta of 1.40. Walt Disney has a 1-year low of $83.91 and a 1-year high of $123.74.

Institutional Trading of Walt Disney

Large investors have recently bought and sold shares of the business. ESL Trust Services LLC acquired a new stake in shares of Walt Disney in the first quarter valued at approximately $31,000. William B. Walkup & Associates Inc. purchased a new position in shares of Walt Disney during the 2nd quarter worth $32,000. Mascoma Wealth Management LLC boosted its position in shares of Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after acquiring an additional 122 shares during the last quarter. First PREMIER Bank grew its holdings in shares of 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 during the period. Finally, FSA Wealth Management LLC acquired a new stake in Walt Disney during the third quarter worth about $51,000. Hedge funds and other 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.