Walt Disney Company (The) (NYSE:DIS) has been rated by 21 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $130 and the lowest price target forecast is $88. The average forecast of all the analysts is $110.43 and the expected standard deviation is $11.93.
The Walt Disney Company has lost 1.21% in the last five trading days and dropped 0.71% in the last 4 weeks. The Walt Disney Company has dropped 1.26% during the last 3-month period . Year-to-Date the stock performance stands at -6.91%. Also, In a research note released to the investors, Credit Suisse maintains its rating on Walt Disney Company (The) (NYSE:DIS).The analysts at the brokerage house have a current rating of Outperform on the shares. In a recent information released to the investors, Credit Suisse lowers the new 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) : Zacks Investment Research ranks Walt Disney Company (The) (NYSE:DIS) as 3, which is a Hold recommendation. 10 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 11 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 25 research analysts is 2.28, which indicates as a Buy.
Walt Disney Company (The) (NYSE:DIS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $97.10 and $96.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $98.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $97.82, notching a gain of 0.87% for the day. The total traded volume was 7,189,489 . The stock had closed at $96.98 on the previous day.
In an insider trading activity, Lagomasino Maria Elena, director of Walt Disney Co/, executed a transaction worth $99,940 on May 12, 2016. A total of 980 shares were purchased at an average price of $101.98. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. 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.