Deutsche Bank analyst Bryan Kraft maintained a Buy rating on Walt Disney (DIS – Research Report) on March 18 and set a price target of $191.00. The company’s shares closed last Monday at $137.20, close to its 52-week low of $128.38.
According to TipRanks.com, Kraft is a 4-star analyst with an average return of 9.7% and a 65.1% success rate. Kraft covers the Services sector, focusing on stocks such as Paramount Global Class B, Charter Communications, and Nexstar Media Group.
Walt Disney has an analyst consensus of Strong Buy, with a price target consensus of $191.63, representing a 38.0% upside. In a report issued on March 16, Truist Financial also maintained a Buy rating on the stock with a $160.00 price target.
Walt Disney’s market cap is currently $255.4B and has a P/E ratio of 83.26.
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The Walt Disney Co. is a diversified entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer & International (DTCI).
The company owns domestic cable networks like Disney, ESPN, Freeform and National Geographic, is involved in the production and distribution of television and motion picture content, operates theme parks, resorts, cruise lines and also offers streaming services.
Founded by Walter Elias Disney on October 16, 1923, the company is headquartered in Burbank, CA.
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