Market Overview

UPDATE: Deutsche Bank Reiterates Buy Rating, Raises PT on The Walt Disney Company

Share:
Related DIS
11 Infamous Corporate Social Media Blunders
Universal's 'Jurassic World' Devours 'Ted 2' As 'Inside Out' Remains Strong
Sun Is Shining Bright on L.A. Tech Town Silicon Beach (Investor's Business Daily)

In a report published Monday, Deutsche Bank reiterated its Buy rating on The Walt Disney Company (NYSE: DIS), and raised its price target from $58.00 to $63.00.

Deutsche Bank noted, “Disney has 65% of EBIT from networks, limited secular growth concerns (focused on non-ad supported kids, live sports), very strong competitive positions, leading global brands, strategically complete, and excellent B/S & governance. We see 17% upside to our new $63 target (15x ‘14E P/E).”

The Walt Disney Company closed on Friday at $54.59.

Latest Ratings for DIS

DateFirmActionFromTo
Jun 2015Credit SuisseInitiates Coverage onOutperform
May 2015NomuraMaintainsBuy
May 2015BMO CapitalMaintainsOutperform

View More Analyst Ratings for DIS
View the Latest Analyst Ratings

Posted-In: Deutsche BankAnalyst Color Price Target Analyst Ratings

 

Related Articles (DIS)

Around the Web, We're Loving...

Get Benzinga's Newsletters