The Walt Disney Co. (NYSE:DIS) was downgraded by analysts at
Stifel Nicolaus from a “buy” rating to a “hold” rating in a report released on
Wednesday. They currently have a $110.00 target price on the entertainment
giant’s stock. Stifel Nicolaus’ price objective would suggest a potential
upside of 10.59% from the company’s previous close. The analysts noted that the
move was a valuation call.
Other analysts have also recently issued research reports
about the stock. Moffett Nathanson upped their target price on shares of The
Walt Disney to $105.00 in a research note on Tuesday, April 12th. JPMorgan
Chase & Co. reaffirmed a “buy” rating on shares of The Walt Disney in a
research note on Monday, April 4th. Bank of America Corp. reaffirmed a “buy”
rating and set a $130.00 price objective on shares of The Walt Disney in a
research note on Friday, April 1st. Nomura Holdings Inc. reaffirmed a “buy”
rating and set a $110.00 price objective on shares of The Walt Disney in a
research note on Thursday, April 7th. Finally, Piper Jaffray Cos. raised shares
of The Walt Disney to a “buy” rating in a research note on Monday, April 18th.
Three equities research analysts have rated the stock with a sell rating,
fifteen have assigned a hold rating and fifteen have assigned a buy rating to
the company’s stock. The stock currently has a consensus rating of “Hold” and a
consensus price target of $109.49.
Source: American Banking and Market News