The Walt Disney received buy rating from the Argus recently and the price objectives were increased to $123.00 from $115.00. The other prominent rating agencies have also expressed their opinion on Walt Disney shares. Investment banking major JP Morgan Chase & Co. raised their price expectations to $121.00 from $110.00. It also awarded better rating to the company in its report.
The Jefferies Group analysts are expecting $125.00 share price target for the Walt Disney shares. The same rating agency gave buy rating to the Disney, according to a research note published. BMO Capital Markets also gave similar signals by estimating price target of $125.00 on the shares. This rating agency also awarded buy rating in its research note to the United States based media giant. One can clearly conclude that the Walt Disney is rocking the stock market as even Nomura research analysts increased the price target for the company to $125.00 from $120.00.
More than eight research analysts have graded stock with hold rating and 19 have awarded a buy rating to the company. That makes buy as an average rating of the stock with the price of $110.11. The share of California based company started selling at $110.11 on Thursday. The annual love for the company is $78.54 and high is of $113.30. The moving average for 50 day period remained at $107. The moving average for 200 days was of $98. The market cap is worth $187.14 billion for the company and price to earnings ratio remains at 24.48.