The Walt Disney Co. (DIS) Upgraded by RBC Capital Markets to Outperform

The Walt Disney Co. (NYSE:DIS) was upgraded by investment analysts at RBC Capital Markets from a “sector perform” rating to an “outperform” rating in a research note issued to investors on Thursday. The brokerage currently has a $130.00 price objective on the entertainment giant’s stock, up from their previous price objective of $101.00. RBC Capital Markets’ price target would indicate a potential upside of 20.19% from the company’s current price.

A number of other equities research analysts also recently commented on the stock. Barclays PLC raised their price objective on shares of The Walt Disney to $99.00 in a research report on Thursday. Citigroup Inc. raised their price objective on shares of The Walt Disney from $117.00 to $124.00 and gave the company a “buy” rating in a research report on Wednesday. Needham & Company LLC restated a “hold” rating on shares of The Walt Disney in a research report on Wednesday. BMO Capital Markets cut shares of The Walt Disney from a “market perform” rating to an “underperform” rating and dropped their target price for the company from $90.00 to $88.00 in a report on Wednesday. Finally, Loop Capital reaffirmed a “buy” rating and issued a $117.00 target price (up from $113.00) on shares of The Walt Disney in a report on Tuesday. Five investment analysts have rated the stock with a sell rating, eleven have given a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $112.14.



Source: BBNS

No comments:

Post a Comment

The 3 Best and Worst of Warren Buffet Stock Picks

Not every Berkshire holding is a winner - a few have been relative losers So Warren Buffet’s Berkshire Hathaway Inc. (NYSE: BRK.B)...