Walt Disney Company (The) (DIS) has an average broker rating of 2.28, which is interpreted as a Buy, as rated by 25 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 11 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Walt Disney Company (The) (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.
Walt Disney Company (The) (NYSE:DIS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $97.00 and $96.76 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $98.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $98.45, notching a gain of 0.81% for the day. The total traded volume was 6,223,292 . The stock had closed at $97.66 on the previous day.
Also, Major Brokerage house, Credit Suisse maintains its ratings on Walt Disney Company (The) (NYSE:DIS). In the latest research report, Credit Suisse lowers the target price from $130 per share to $128 per share. According to the latest information available, the shares are now rated Outperform by the analysts at the agency. The rating by the firm was issued on May 12, 2016. The company shares have dropped -15.22% 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 $98.41 and the 200 Day Moving Average price is recorded at $98.78.
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.