Disney Stock Rises as Brokerages Forecast Moderate Buy

The Walt Disney Company (NYSE:DIS) has received a consensus rating of 'Moderate Buy' from twenty-one brokerage firms covering the stock, according to MarketBeat reports. One analyst has given the stock a sell rating, while three have assigned it a hold rating and sixteen have issued a buy rating.

One investment analyst gave the company a strong buy rating. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $127.61.

The company has recently received several positive sentiment news stories, including reports of its theme parks defying an industry slowdown with promotional pricing, a major Walt Disney World expansion, and the appointment of a new chief technology officer to accelerate the use of artificial intelligence.