Loop Capital Increases Walt Disney (NYSE:DIS) Price Target to $125.00

Walt Disney (NYSE:DIS) had its price objective boosted by Loop Capital from $120.00 to $125.00 in a report issued on Friday,Benzinga reports. Loop Capital currently has a buy rating on the entertainment giant’s stock.

Several other analysts also recently commented on DIS. JPMorgan Chase & Co. lowered their target price on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Morgan Stanley boosted their price target on shares of Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday. Macquarie raised their price objective on shares of Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday. Piper Sandler assumed coverage on shares of Walt Disney in a research note on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 target price on the stock. Finally, Raymond James restated a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Five investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average target price of $123.57.

Walt Disney Stock Up 5.5 %

Shares of NYSE DIS traded up $5.96 during mid-day trading on Friday, reaching $115.08. 32,048,032 shares of the company’s stock traded hands, compared to its average volume of 11,005,124. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. Walt Disney has a 1-year low of $83.91 and a 1-year high of $123.74. The stock has a market cap of $208.71 billion, a P/E ratio of 44.25, a PEG ratio of 1.67 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 $96.79.

Hedge Funds Weigh In On Walt Disney

Hedge funds have recently made changes to their positions in the business. ESL Trust Services LLC purchased a new position in shares of Walt Disney during the first quarter valued at about $31,000. William B. Walkup & Associates Inc. purchased a new position in shares of Walt Disney in the 2nd quarter valued at approximately $32,000. Mascoma Wealth Management LLC boosted its position 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 valued at $44,000 after purchasing an additional 122 shares in the last quarter. First PREMIER Bank grew its stake 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 shares of Walt Disney during the 3rd quarter valued at $51,000. 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.