Walt Disney Company (The) (DIS): Price Target and June Short Interest Disclosure

Walt Disney Company (The) (DIS) : 21 Wall Street analysts covering Walt Disney Company (The) (DIS) believe that the average level the stock could reach for the short term is $108.71. The maximum price target given is $125 and the minimum target for short term is around $88, hence the standard deviation is calculated at $10.85.

Walt Disney Company (The) (DIS) encountered a rise of 0.8% or 320,743 shares in the short positions. The number escalated from 39,038,147 on June 15,2016 to 39,358,890 on June 30,2016. The final interest is 2.6% of the floated stock. The days to cover figure of 5 can be arrived using the average daily exchange of 7,799,686 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Brean Capital initiates coverage on Walt Disney Company (The) (NYSE:DIS). Brean Capital has a Hold rating on the shares. As per the latest report, the brokerage house announces the price target to $100 per share. The rating by the firm was issued on July 6, 2016.


Walt Disney Company (The) (NYSE:DIS): stock turned positive on Thursday. Though the stock opened at $100.42, the bulls momentum made the stock top out at $100.8 level for the day. The stock recorded a low of $99.68 and closed the trading day at $99.97, in the green by 0.09%. The total traded volume for the day was 7,461,465. The stock had closed at $99.88 in the previous days trading.

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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