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

Walt Disney (NYSE:DIS) had its price target increased by Loop Capital from $120.00 to $125.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the entertainment giant’s stock. Loop Capital’s target price would indicate a potential upside of 8.62% from the stock’s previous close.

Several other analysts have also weighed in on DIS. Wells Fargo & Company lifted their price objective on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday. Bank of America increased their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday. Raymond James reaffirmed a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Evercore ISI upped their target price on shares of Walt Disney from $105.00 to $128.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Finally, Macquarie raised their price target on shares of Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday. Five 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. According to data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $123.57.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $115.08 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The company has a market cap of $208.71 billion, a PE ratio of 44.25, a price-to-earnings-growth ratio of 1.67 and a beta of 1.40. The firm has a fifty day moving average price of $95.57 and a two-hundred day moving average price of $96.79. Walt Disney has a fifty-two week low of $83.91 and a fifty-two week high of $123.74.

Hedge Funds Weigh In On Walt Disney

Large investors have recently modified their holdings of the stock. ESL Trust Services LLC acquired a new position in Walt Disney during the 1st quarter worth $31,000. William B. Walkup & Associates Inc. acquired a new position in shares of Walt Disney during the second quarter valued at $32,000. Mascoma Wealth Management LLC boosted its holdings in Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after acquiring an additional 122 shares during the last quarter. First PREMIER Bank increased its position in Walt Disney by 98.1% in 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 bought a new stake in Walt Disney during the 3rd quarter worth about $51,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

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.