Walt Disney (NYSE:DIS) Stock Price Expected to Rise, Loop Capital Analyst Says

Walt Disney (NYSE:DIS) had its price objective lifted by equities research analysts at Loop Capital from $120.00 to $125.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the entertainment giant’s stock. Loop Capital’s price objective would indicate a potential upside of 8.62% from the company’s previous close.

A number of other equities research analysts also recently commented on DIS. Wells Fargo & Company increased their price objective on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday. Seaport Res Ptn raised Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Piper Sandler started coverage on Walt Disney in a research report on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price target for the company. JPMorgan Chase & Co. reduced their price objective on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday. Five investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus price target of $123.57.

Walt Disney Stock Up 5.5 %

NYSE DIS opened at $115.08 on Friday. Walt Disney has a 12 month low of $83.91 and a 12 month high of $123.74. The company has a market capitalization of $208.71 billion, a P/E ratio of 44.25, a PEG ratio of 1.67 and a beta of 1.40. The company’s 50 day simple moving average is $95.57 and its 200 day simple moving average is $96.79. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Quent Capital LLC lifted its holdings in Walt Disney by 4.4% in the 1st quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant’s stock worth $950,000 after purchasing an additional 327 shares during the last quarter. Spirepoint Private Client LLC acquired a new stake in shares of Walt Disney in the first quarter worth $239,000. TIAA Trust National Association boosted its holdings in shares of Walt Disney by 1.8% during the 1st quarter. TIAA Trust National Association now owns 92,130 shares of the entertainment giant’s stock worth $11,273,000 after buying an additional 1,621 shares during the period. Connors Investor Services Inc. bought a new stake in shares of Walt Disney during the 1st quarter worth $10,474,000. Finally, Blue Barn Wealth LLC grew its stake in Walt Disney by 16.4% in the 1st quarter. Blue Barn Wealth LLC now owns 2,702 shares of the entertainment giant’s stock valued at $331,000 after buying an additional 381 shares during the last quarter. Institutional investors and hedge funds 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.