Jefferies Reconfirms Walt Disney (NYSE:DIS) As a Hold; They Now Have a Target Of $110.0

September 17, 2017 - By Richard Conner

 Jefferies Reconfirms Walt Disney (NYSE:DIS) As a Hold; They Now Have a Target Of $110.0

Investors sentiment increased to 1.13 in Q4 2016. Its up 0.10, from 1.03 in 2016Q3. It is positive, as 67 investors sold Walt Disney Co shares while 602 reduced holdings. 166 funds opened positions while 593 raised stakes. 928.49 million shares or 5.48% more from 880.26 million shares in 2016Q3 were reported.

270,200 were reported by Amer National Ins Tx. Citigroup Incorporated has invested 0.07% in Walt Disney Co (NYSE:DIS). Webster Commercial Bank N A invested 0.65% of its portfolio in Walt Disney Co (NYSE:DIS). Inverness Counsel Ltd Liability New York reported 120,896 shares. Bank Of The West stated it has 16,040 shares or 0.23% of all its holdings. Convergence Inv Partners Limited Liability Corporation reported 2,188 shares or 0.03% of all its holdings. California-based Spectrum Asset Management (Nb Ca) has invested 0.95% in Walt Disney Co (NYSE:DIS). Woodmont Invest Counsel holds 0.16% or 5,427 shares in its portfolio. Strategic Advsrs Lc invested in 0.86% or 15,781 shares. Bb&T reported 121,754 shares or 0.26% of all its holdings. Berson & Corrado Inv Advisors Ltd Liability holds 0.2% in Walt Disney Co (NYSE:DIS) or 3,048 shares. Exchange Cap Management Inc invested in 52,360 shares or 2.08% of the stock. Schmidt P J Investment Mgmt accumulated 1.06% or 27,467 shares. Fukoku Mutual Life holds 7,300 shares. Crawford Invest Counsel, a Georgia-based fund reported 5,683 shares.

Since May 11, 2017, it had 0 buys, and 1 sale for $1.32 million activity.

Walt Disney (NYSE:DIS) Rating Reaffirmed

Jefferies now has a $110.0 target price on shares of Walt Disney (NYSE:DIS). The target price gives a potential upside of 11.65 % from the close price of Walt Disney (NYSE:DIS). This rating was revealed in a research report on Monday, 11 September.

Investors sentiment increased to 1.13 in Q4 2016. Its up 0.10, from 1.03 in 2016Q3. It is positive, as 67 investors sold Walt Disney Co shares while 602 reduced holdings. 166 funds opened positions while 593 raised stakes. 928.49 million shares or 5.48% more from 880.26 million shares in 2016Q3 were reported.

270,200 were reported by Amer National Ins Tx. Citigroup Incorporated has invested 0.07% in Walt Disney Co (NYSE:DIS). Webster Commercial Bank N A invested 0.65% of its portfolio in Walt Disney Co (NYSE:DIS). Inverness Counsel Ltd Liability New York reported 120,896 shares. Bank Of The West stated it has 16,040 shares or 0.23% of all its holdings. Convergence Inv Partners Limited Liability Corporation reported 2,188 shares or 0.03% of all its holdings. California-based Spectrum Asset Management (Nb Ca) has invested 0.95% in Walt Disney Co (NYSE:DIS). Woodmont Invest Counsel holds 0.16% or 5,427 shares in its portfolio. Strategic Advsrs Lc invested in 0.86% or 15,781 shares. Bb&T reported 121,754 shares or 0.26% of all its holdings. Berson & Corrado Inv Advisors Ltd Liability holds 0.2% in Walt Disney Co (NYSE:DIS) or 3,048 shares. Exchange Cap Management Inc invested in 52,360 shares or 2.08% of the stock. Schmidt P J Investment Mgmt accumulated 1.06% or 27,467 shares. Fukoku Mutual Life holds 7,300 shares. Crawford Invest Counsel, a Georgia-based fund reported 5,683 shares.

Since May 11, 2017, it had 0 buys, and 1 sale for $1.32 million activity.

Walt Disney Co (NYSE:DIS) Ratings Coverage

Among 36 analysts covering The Walt Disney Company (NYSE:DIS), 21 have Buy rating, 2 Sell and 13 Hold. Therefore 58% are positive. The Walt Disney Company has $138 highest and $10.55 lowest target. $115.53’s average target is 17.27% above currents $98.52 stock price. The Walt Disney Company had 120 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan with “Overweight” on Wednesday, April 12. The rating was downgraded by Guggenheim on Monday, November 16 to “Neutral”. On Wednesday, July 20 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The stock has “Outperform” rating by Credit Suisse on Thursday, May 12. The firm has “Outperform” rating given on Wednesday, August 5 by FBR Capital. Macquarie Research upgraded the stock to “Outperform” rating in Wednesday, August 10 report. Barclays Capital maintained the shares of DIS in report on Friday, August 11 with “Equal-Weight” rating. The company was maintained on Tuesday, August 25 by Cowen & Co. The stock has “Sell” rating by BMO Capital Markets on Thursday, July 13. As per Monday, May 15, the company rating was maintained by Loop Capital.

The stock increased 0.63% or $0.62 on September 15, reaching $98.52. About 23.87M shares traded or 138.94% up from the average. Walt Disney Co (NYSE:DIS) has risen 9.26% since September 17, 2016 and is uptrending. It has underperformed by 7.44% the S&P500.

Investors wait Walt Disney Co (NYSE:DIS) to report on November, 9. its quarterly earnings Wall Street analysts expect $1.21 earnings per share, up $0.11 or 10.00 % from last year’s $1.1 same quarter earnings. This translates into $1.87 billion profit for DIS giving the stock a 20.36 P/E. This is assuming the current $1.21 EPS is accurate. Walt Disney Co’s Wall Street analysts see -23.42 % negative EPS growth, taking into account the $1.58 EPS reproted in the previous quarter,

The Walt Disney Company is an entertainment company. The company has market cap of $152.06 billion. The Firm operates in four business divisions: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. It has a 17.44 P/E ratio. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

More notable recent Walt Disney Co (NYSE:DIS) news were published by: Seekingalpha.com which released: “Disney: Flipping Back To Bearish” on September 12, 2017, also Investorplace.com with their article: “Trade Walt Disney Co (DIS) Stock Before It’s Too Late” published on August 30, 2017, Fool.com published: “Better Buy: The Walt Disney Company vs. Nike” on August 31, 2017. More interesting news about Walt Disney Co (NYSE:DIS) were released by: Seekingalpha.com and their article: “Disney: Buying Opportunity” published on September 15, 2017 as well as Nasdaq.com‘s news article titled: “Walt Disney Co.’s New Streaming Services: Everything You Need to Know” with publication date: August 21, 2017.

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