Brokerages Set The Walt Disney Company (NYSE:DIS) PT at $123.57

The Walt Disney Company (NYSE:DIS) has received a consensus recommendation of “Moderate Buy” from the twenty-four ratings firms that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation, eighteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $123.83.

Several research firms have recently weighed in on DIS. Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Morgan Stanley boosted their price target on shares of Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday. Raymond James reissued a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. TD Cowen boosted their price target on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a report on Friday. Finally, Sanford C. Bernstein boosted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday.

Walt Disney Price Performance

NYSE:DIS opened at $113.55 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 firm has a market cap of $205.93 billion, a price-to-earnings ratio of 41.90, a price-to-earnings-growth ratio of 1.87 and a beta of 1.40. The company has a 50 day moving average price of $96.07 and a 200-day moving average price of $96.60. Walt Disney has a 1-year low of $83.91 and a 1-year high of $123.74.

Institutional Trading of Walt Disney

Institutional investors and hedge funds have recently bought and sold shares of the stock. ESL Trust Services LLC purchased a new stake in Walt Disney in the 1st quarter valued at about $31,000. William B. Walkup & Associates Inc. purchased a new stake in Walt Disney during the second quarter worth about $32,000. Mascoma Wealth Management LLC increased its stake in 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 during the period. First PREMIER Bank increased its stake in Walt Disney by 98.1% during the third 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 period. Finally, FSA Wealth Management LLC purchased a new stake in Walt Disney during the third quarter worth about $51,000. 65.71% of the stock is currently 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.