Evercore ISI Increases Walt Disney (NYSE:DIS) Price Target to $134.00

Walt Disney (NYSE:DIS) had its price objective boosted by Evercore ISI from $128.00 to $134.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “outperform” rating on the entertainment giant’s stock. Evercore ISI’s price objective points to a potential upside of 17.65% from the company’s previous close.

Several other research firms also recently commented on DIS. Wells Fargo & Company boosted their price target on shares of Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research note on Friday. Loop Capital upped their price target on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Friday. Macquarie lifted their price objective on Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday. Needham & Company LLC raised their target price on shares of Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. 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 stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $123.83.

Walt Disney Trading Down 1.0 %

Shares of DIS stock traded down $1.18 during trading hours on Monday, hitting $113.90. The company had a trading volume of 2,568,532 shares, compared to its average volume of 10,967,540. Walt Disney has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. 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 is $95.57 and its 200 day moving average is $96.60. The stock has a market capitalization of $206.57 billion, a PE ratio of 41.94, a price-to-earnings-growth ratio of 1.87 and a beta of 1.40.

Institutional Investors Weigh In On Walt Disney

Hedge funds have recently made changes to their positions in the business. William B. Walkup & Associates Inc. purchased a new stake in Walt Disney during the 2nd quarter valued at approximately $32,000. Mascoma Wealth Management LLC raised 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 during the last quarter. First PREMIER Bank lifted its holdings in shares of 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. FSA Wealth Management LLC purchased a new position in Walt Disney in the 3rd quarter valued at $51,000. Finally, Iron Horse Wealth Management LLC increased its stake in Walt Disney by 148.7% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock valued at $55,000 after buying an additional 333 shares during the period. 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.