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

Walt Disney (NYSE:DIS - Get Free Report) had its price target boosted by equities researchers at 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 indicates a potential upside of 18.01% from the stock's current price.

Other research analysts also recently issued reports about the company. Sanford C. Bernstein upped their price target on Walt Disney from $115.00 to $120.00 and gave the stock an "outperform" rating in a research note on Friday. Guggenheim upped their price target on Walt Disney from $110.00 to $130.00 and gave the stock a "buy" rating in a research note on Friday. Piper Sandler assumed coverage on Walt Disney in a research note on Wednesday, October 16th. They set a "neutral" rating and a $95.00 price target on the stock. Loop Capital upped their price target on Walt Disney from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Friday. Finally, UBS Group dropped 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 investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Walt Disney presently has an average rating of "Moderate Buy" and an average target price of $123.83.

Walt Disney Stock Down 1.3 %

DIS stock traded down $1.53 during trading on Monday, reaching $113.55. 14,228,937 shares of the stock were exchanged, compared to its average volume of 11,019,793. The firm's 50 day moving average is $95.57 and its 200 day moving average is $96.60. Walt Disney has a twelve month low of $83.91 and a twelve month high of $123.74. The company has a current ratio of 0.73, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm has a market cap of $205.93 billion, a P/E ratio of 41.94, a price-to-earnings-growth ratio of 1.87 and a beta of 1.40.

Hedge Funds Weigh In On Walt Disney

Institutional investors and hedge funds have recently modified their holdings of the stock. William B. Walkup & Associates Inc. purchased a new position in Walt Disney in the second quarter worth about $32,000. Mascoma Wealth Management LLC lifted its position in shares of Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant's stock valued at $44,000 after buying an additional 122 shares in the last quarter. First PREMIER Bank raised its stake in Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant's stock valued at $50,000 after purchasing an additional 256 shares during the period. FSA Wealth Management LLC bought a new stake in Walt Disney during the 3rd quarter valued at approximately $51,000. Finally, Iron Horse Wealth Management LLC raised its stake in Walt Disney by 148.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant's stock valued at $55,000 after purchasing an additional 333 shares during the period. 65.71% of the stock is currently owned by institutional investors.

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.