Market Overview

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

Share:
Related DIS
3 Ways Snapchat Is Responding To Slow User Growth
10 Interesting Things You Might Not Know About Pornhub
Marianas Fund Management Llc Buys American Airlines Group Inc, Canadian Pacific Railway, United ... (GuruFocus)

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
May 2017MacquarieDowngradesOutperformNeutral
Apr 2017Loop CapitalDowngradesBuyHold
Apr 2017RosenblattInitiates Coverage OnNeutral

View More Analyst Ratings for DIS
View the Latest Analyst Ratings

Posted-In: Deutsche BankAnalyst Color Price Target Analyst Ratings

 

Related Articles (DIS)

View Comments and Join the Discussion!