The Walt Disney Co. (NYSE:DIS) was downgraded by Vetr from a “buy” rating to a “hold” rating in a research report issued on Monday. They presently have a $99.56 price target on the entertainment giant’s stock. Vetr‘s price target suggests a potential upside of 1.90% from the stock’s current price.

Several other equities analysts have also recently commented on the stock. Bank of America Corp. reissued a “buy” rating and set a $125.00 target price on shares of The Walt Disney in a research note on Sunday. Pivotal Research cut shares of The Walt Disney from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $108.00 to $102.00 in a research note on Friday, November 11th. Wells Fargo & Co. reaffirmed a “hold” rating and issued a $100.00 price objective on shares of The Walt Disney in a research note on Friday, November 11th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $110.00 price objective on shares of The Walt Disney in a research note on Friday, November 11th. Finally, RBC Capital Markets reaffirmed a “hold” rating and issued a $103.00 price objective on shares of The Walt Disney in a research note on Friday, November 11th. Two research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $108.11.

Analyst Recommendations for The Walt Disney (NYSE:DIS)

The Walt Disney (NYSE:DIS) opened at 97.70 on Monday. The firm’s 50-day moving average is $92.78 and its 200-day moving average is $96.61. The stock has a market cap of $156.32 billion, a P/E ratio of 17.05 and a beta of 1.21. The Walt Disney has a 1-year low of $86.25 and a 1-year high of $120.65.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Pictet Asset Management Ltd. increased its position in The Walt Disney by 0.6% in the first quarter. Pictet Asset Management Ltd. now owns 934,720 shares of the entertainment giant’s stock worth $89,284,000 after buying an additional 5,762 shares during the last quarter. Affinity Wealth Management increased its position in The Walt Disney by 2.7% in the first quarter. Affinity Wealth Management now owns 2,182 shares of the entertainment giant’s stock worth $217,000 after buying an additional 58 shares during the last quarter. UBS Asset Management Americas Inc. increased its position in The Walt Disney by 0.6% in the first quarter. UBS Asset Management Americas Inc. now owns 5,534,311 shares of the entertainment giant’s stock worth $549,613,000 after buying an additional 35,480 shares during the last quarter. Bank of Nova Scotia Trust Co. increased its position in The Walt Disney by 5.7% in the first quarter. Bank of Nova Scotia Trust Co. now owns 68,424 shares of the entertainment giant’s stock worth $6,795,000 after buying an additional 3,664 shares during the last quarter. Finally, BSW Wealth Partners increased its position in The Walt Disney by 2.7% in the first quarter. BSW Wealth Partners now owns 10,131 shares of the entertainment giant’s stock worth $1,006,000 after buying an additional 269 shares during the last quarter. Institutional investors and hedge funds own 57.48% of the company’s stock.

The Walt Disney Company Profile

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

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