Walt Disney (NYSE:DIS) Given New $134.00 Price Target at Evercore ISI

Walt Disney (NYSE:DIS) had its price target increased by Evercore ISI from $128.00 to $134.00 in a research note issued to investors on Monday,Benzinga reports. They currently have an outperform rating on the entertainment giant’s stock.

Other equities analysts also recently issued research reports about the stock. Guggenheim boosted their price target on shares of Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Seaport Res Ptn raised Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. JPMorgan Chase & Co. decreased their price objective on Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Finally, Morgan Stanley lifted their target price on Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $123.83.

Walt Disney Trading Up 1.6 %

Shares of NYSE DIS opened at $114.27 on Monday. Walt Disney has a 12-month low of $83.91 and a 12-month high of $123.74. The company has a market cap of $206.94 billion, a price-to-earnings ratio of 42.17, a price-to-earnings-growth ratio of 1.85 and a beta of 1.40. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 0.37. The stock’s 50 day simple moving average is $97.07 and its 200 day simple moving average is $96.72.

Institutional Investors Weigh In On Walt Disney

Several hedge funds have recently modified their holdings of DIS. Smithfield Trust Co lifted its stake in Walt Disney by 0.5% during the third quarter. Smithfield Trust Co now owns 18,869 shares of the entertainment giant’s stock valued at $1,809,000 after buying an additional 102 shares in the last quarter. Drucker Wealth 3.0 LLC lifted its position in shares of Walt Disney by 0.9% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 11,657 shares of the entertainment giant’s stock valued at $1,121,000 after acquiring an additional 106 shares in the last quarter. Transcendent Capital Group LLC boosted its stake in Walt Disney by 1.4% in the 1st quarter. Transcendent Capital Group LLC now owns 7,912 shares of the entertainment giant’s stock worth $968,000 after purchasing an additional 108 shares during the period. Connable Office Inc. grew its position in Walt Disney by 0.3% during the 3rd quarter. Connable Office Inc. now owns 35,048 shares of the entertainment giant’s stock worth $3,371,000 after purchasing an additional 108 shares in the last quarter. Finally, ADE LLC lifted its holdings in shares of Walt Disney by 4.6% in the second quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock valued at $249,000 after purchasing an additional 110 shares in the last quarter. 65.71% of the stock is 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.