Walt Disney (NYSE:DIS) Price Target Raised to $130.00

Walt Disney (NYSE:DIS) had its target price upped by Guggenheim from $110.00 to $130.00 in a research note published on Friday,Benzinga reports. They currently have a buy rating on the entertainment giant’s stock.

Several other brokerages also recently weighed in on DIS. Deutsche Bank Aktiengesellschaft boosted their target price on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday. Morgan Stanley upped their price objective on shares of Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a report on Friday. Evercore ISI lifted 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. Piper Sandler began coverage on shares of Walt Disney in a research note on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price target on the stock. Finally, Raymond James reiterated a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Five 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $123.57.

Walt Disney Price Performance

NYSE DIS opened at $115.08 on Friday. The firm’s fifty day simple moving average is $95.57 and its two-hundred day simple moving average is $96.60. The firm has a market capitalization of $208.71 billion, a P/E ratio of 42.46, a P/E/G ratio of 1.87 and a beta of 1.40. The company has a current ratio of 0.73, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. Walt Disney has a 12-month low of $83.91 and a 12-month high of $123.74.

Institutional Investors Weigh In On Walt Disney

Several hedge funds have recently modified their holdings of DIS. ESL Trust Services LLC purchased a new stake in Walt Disney in the 1st quarter worth $31,000. William B. Walkup & Associates Inc. purchased a new stake in shares of Walt Disney during the second quarter worth about $32,000. Mascoma Wealth Management LLC increased its stake in shares of Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares in the last quarter. First PREMIER Bank raised its position in shares of Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after purchasing an additional 256 shares during the last quarter. Finally, FSA Wealth Management LLC purchased a new position in Walt Disney in the 3rd quarter valued at about $51,000. 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.