The Walt Disney Co. (NYSE:DIS) was upgraded by research analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday. The brokerage currently has a $112.00 target price on the entertainment giant’s stock, up from their previous target price of $97.70. Deutsche Bank AG’s price objective points to a potential upside of 12.71% from the company’s current price.

A number of other brokerages have also weighed in on DIS. FBR & Co reaffirmed a “hold” rating on shares of The Walt Disney in a research note on Sunday, September 4th. Credit Agricole SA reaffirmed a “buy” rating and issued a $108.00 price target on shares of The Walt Disney in a research note on Friday, November 11th. Brean Capital reaffirmed a “hold” rating on shares of The Walt Disney in a research note on Thursday, October 27th. Wells Fargo & Co. lowered shares of The Walt Disney to a “hold” rating in a research note on Thursday, August 25th. Finally, Pivotal Research lowered shares of The Walt Disney from a “buy” rating to a “hold” rating and decreased their price target for the company from $108.00 to $102.00 in a research note on Friday, November 11th. Three analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $108.39.

Analyst Recommendations for The Walt Disney (NYSE:DIS)

The Walt Disney (NYSE:DIS) opened at 99.37 on Wednesday. The stock’s 50 day moving average price is $93.28 and its 200-day moving average price is $96.42. The company has a market cap of $158.99 billion, a PE ratio of 17.34 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 posted its earnings results on Thursday, November 10th. The entertainment giant reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by $0.06. The Walt Disney had a return on equity of 19.81% and a net margin of 16.88%. The firm had revenue of $13.14 billion for the quarter, compared to analysts’ expectations of $13.71 billion. During the same period in the previous year, the company earned $1.20 earnings per share. The company’s revenue was down 2.7% compared to the same quarter last year. On average, analysts forecast that The Walt Disney will post $5.96 earnings per share for the current year.

In other The Walt Disney news, EVP Alan N. Braverman sold 19,871 shares of the company’s stock in a transaction dated Wednesday, November 16th. The shares were sold at an average price of $99.00, for a total transaction of $1,967,229.00. Following the transaction, the executive vice president now directly owns 135,614 shares in the company, valued at $13,425,786. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 13.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. HL Financial Services LLC raised its position in shares of The Walt Disney by 3.5% in the second quarter. HL Financial Services LLC now owns 1,548,371 shares of the entertainment giant’s stock valued at $151,463,000 after buying an additional 52,301 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of The Walt Disney by 9.5% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 581,708 shares of the entertainment giant’s stock valued at $56,903,000 after buying an additional 50,299 shares during the period. Chesley Taft & Associates LLC increased its stake in shares of The Walt Disney by 0.4% in the second quarter. Chesley Taft & Associates LLC now owns 270,147 shares of the entertainment giant’s stock valued at $26,426,000 after buying an additional 1,205 shares during the period. Adage Capital Partners GP L.L.C. increased its stake in shares of The Walt Disney by 11.7% in the second quarter. Adage Capital Partners GP L.L.C. now owns 1,841,393 shares of the entertainment giant’s stock valued at $180,125,000 after buying an additional 192,150 shares during the period. Finally, Oakbrook Investments LLC increased its stake in shares of The Walt Disney by 16.7% in the second quarter. Oakbrook Investments LLC now owns 304,720 shares of the entertainment giant’s stock valued at $29,808,000 after buying an additional 43,625 shares during the period. Institutional investors 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

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.