Walt Disney (NYSE:DIS) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Walt Disney (NYSE:DIS) had its price target upped by Deutsche Bank Aktiengesellschaft from $115.00 to $131.00 in a research report report published on Friday morning,Benzinga reports. They currently have a buy rating on the entertainment giant’s stock.

A number of other brokerages have also commented on DIS. JPMorgan Chase & Co. cut their price target on Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Wells Fargo & Company lowered their price target on Walt Disney from $136.00 to $116.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Bank of America lowered their price target on Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Needham & Company LLC restated a “buy” rating and set a $110.00 target price on shares of Walt Disney in a report on Wednesday, October 23rd. Finally, UBS Group cut their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $123.57.

Walt Disney Trading Up 5.5 %

Shares of NYSE DIS opened at $115.08 on Friday. The stock has a market cap of $208.71 billion, a price-to-earnings ratio of 42.46, a PEG ratio of 1.87 and a beta of 1.40. The business has a 50 day simple moving average of $95.57 and a 200 day simple moving average of $96.60. Walt Disney has a 52 week low of $83.91 and a 52 week high of $123.74. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.73.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. ESL Trust Services LLC bought a new stake in shares of Walt Disney in the 1st quarter worth approximately $31,000. William B. Walkup & Associates Inc. bought a new position in shares of Walt Disney during the 2nd quarter valued at $32,000. Mascoma Wealth Management LLC increased its stake in shares of Walt Disney by 38.0% in the 2nd 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 increased its stake in shares of Walt Disney by 98.1% in 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 in the last quarter. Finally, FSA Wealth Management LLC purchased a new stake in shares of Walt Disney in the 3rd quarter worth $51,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

About Walt Disney

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.