The Walt Disney Co. (NYSE:DIS)‘s stock had its “hold” rating reaffirmed by stock analysts at Goldman Sachs Group Inc. in a research note issued on Friday. They presently have a $108.00 price target on the entertainment giant’s stock. Goldman Sachs Group Inc.’s price objective would suggest a potential upside of 10.29% from the company’s previous close.

DIS has been the topic of a number of other research reports. FBR & Co reaffirmed a “hold” rating on shares of The Walt Disney in a research note on Sunday, September 4th. BTIG Research reaffirmed a “sell” rating on shares of The Walt Disney in a research note on Friday. Piper Jaffray Cos. reaffirmed an “overweight” rating and set a $120.00 target price on shares of The Walt Disney in a research note on Monday, August 8th. Barclays PLC reaffirmed an “underweight” rating on shares of The Walt Disney in a research note on Friday, September 30th. Finally, Drexel Hamilton reaffirmed a “hold” rating and set a $102.00 target price on shares of The Walt Disney in a research note on Friday. Two analysts have rated the stock with a sell rating, nineteen have issued a hold rating and thirteen have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $108.11.

Analyst Recommendations for The Walt Disney (NYSE:DIS)

Shares of The Walt Disney (NYSE:DIS) opened at 97.92 on Friday. The company has a market capitalization of $156.67 billion, a P/E ratio of 17.09 and a beta of 1.21. The firm has a 50-day moving average of $92.78 and a 200-day moving average of $96.61. The Walt Disney has a 12 month low of $86.25 and a 12 month high of $120.65.

The Walt Disney (NYSE:DIS) last announced its earnings results on Thursday, November 10th. The entertainment giant reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates of $1.16 by $0.06. The company had revenue of $13.14 billion for the quarter, compared to the consensus estimate of $13.71 billion. The Walt Disney had a net margin of 16.88% and a return on equity of 19.81%. The company’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.20 EPS. On average, equities analysts predict that The Walt Disney will post $5.96 earnings per share for the current year.

Several institutional investors have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. increased its position in The Walt Disney by 0.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 518,914 shares of the entertainment giant’s stock valued at $51,534,000 after buying an additional 4,828 shares during the period. BB&T Securities LLC increased its stake in The Walt Disney by 75.1% in the first quarter. BB&T Securities LLC now owns 167,345 shares of the entertainment giant’s stock worth $16,618,000 after buying an additional 71,751 shares during the last quarter. OMERS ADMINISTRATION Corp increased its stake in The Walt Disney by 122.0% in the first quarter. OMERS ADMINISTRATION Corp now owns 217,300 shares of the entertainment giant’s stock worth $21,580,000 after buying an additional 119,400 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. increased its stake in The Walt Disney by 1.4% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 65,263 shares of the entertainment giant’s stock worth $6,481,000 after buying an additional 925 shares during the last quarter. Finally, Ithaka Group LLC increased its stake in The Walt Disney by 1.5% in the first quarter. Ithaka Group LLC now owns 179,232 shares of the entertainment giant’s stock worth $17,800,000 after buying an additional 2,680 shares during the last quarter. 57.48% of the stock is currently owned by hedge funds and other institutional investors.

About The Walt Disney

The Walt Disney Company is a diversified entertainment company. The Company’s business segments include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations.

5 Day Chart for NYSE:DIS

Receive News & Stock Ratings for The Walt Disney Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Walt Disney Co. and related stocks with our FREE daily email newsletter.