Argus Research Boosts Price Target on Disney (DIS)

Argus Research Boosts Price Target on Disney (DIS)

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Media and entertainment giant The Walt Disney Company (DIS) had its price target increased by analysts at Argus Research on Friday.

The analysts maintain a “Buy” rating on DIS and raised its price target from $60 to $65. This new target suggests about a 20% upside to Thursday’s closing price of $54.36.

Disney shares were up slightly during morning trading on Friday. The stock is up about +32% over the past year.

The Bottom Line
Shares of Disney (DIS) have a dividend yield of 1.38% based on Friday’s intraday trading price of $54.41 and the company’s annualized dividend payout of 75 cents per share.

The Walt Disney Company (DIS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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