Walt Disney Company (The) (DIS) : 21 analysts are covering Walt Disney Company (The) (DIS) and their average rating on the stock is 2.52, which is read as a Hold. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Walt Disney Company (The) (DIS) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 11 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Walt Disney Company (The) (DIS) : The consensus price target for Walt Disney Company (The) (DIS) is $108 for the short term with a standard deviation of $10.86. The most optimist securities analyst among the 17 who monitor the stock believes that the stock can reach $125, however, the pessimist price target for the company is $89.
Also, Equity Analysts at the Citigroup maintains the rating on Walt Disney Company (The) (NYSE:DIS). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency lowers the price target from $120 per share to $117 per share. The rating by the firm was issued on August 11, 2016.
Walt Disney Company (The) (NYSE:DIS): After opening at $92.12, the stock dipped to an intraday low of $91.19 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $92.75 and the buying power remained strong till the end. The stock closed at $92.5 for the day, a gain of 0.26% for the day session. The total traded volume was 7,568,163. The stocks close on the previous trading day was $92.26.
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.