Price Target Update on Walt Disney Company (The) (NYSE:DIS)

Walt Disney Company (The) (NYSE:DIS) : Average target price received by Walt Disney Company (The) (NYSE:DIS) is $110.43 with an expected standard deviation of $11.93. The most aggressive target on the stock is $130, whereas the most downbeat target is $88. 21 financial analysts are currently covering the stock.

Other Equity analysts have also commented on the company shares. Equity analysts at the Brokerage firm Credit Suisse maintains its rating on Walt Disney Company (The) (NYSE:DIS). The rating major has initiated the coverage with outperform rating on the shares. The Analysts at Credit Suisse lowers the price target from $130 per share to $128 per share. The rating by the firm was issued on May 12, 2016.

Walt Disney Company (The) (NYSE:DIS): stock turned positive on Thursday. Though the stock opened at $99.44, the bulls momentum made the stock top out at $99.62 level for the day. The stock recorded a low of $98.61 and closed the trading day at $99.02, in the green by 0.23%. The total traded volume for the day was 5,826,073. The stock had closed at $98.79 in the previous days trading.

The company shares have dropped -13.68% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $122.08 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $100.03 and the 200 Day Moving Average price is recorded at $99.79. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Walt Disney Co/, Lagomasino Maria Elena had purchased shares worth of $99,940 in a transaction dated on May 12, 2016. A total of 980 shares were purchased at a price of $101.98 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

The Walt Disney Company, incorporated on July 28, 1995, together with its subsidiaries and affiliates, is a diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. Media Networks comprise an array of broadcast, cable, radio, publishing and digital businesses across two divisions the Disney/ABC Television Group and ESPN Inc. Walt Disney Parks and Resorts (WDP&R) is a provider of family travel and leisure experiences. The Walt Disney Studio brings movies, music and stage plays to consumers throughout the world. Disney Consumer Products (DCP) delivers product experiences across thousands of categories from toys and apparel to books and fine art. Disney Interactive is a creator of interactive entertainment across all current and emerging digital media platforms.

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