Could This Be Walt Disney’s Next CEO?
The two big concerns looming over Walt Disney's (NYSE: DIS) stock this year have included a) cord-cutting fears (especially for ESPN), and b) succession concerns.
Regarding succession, current CEO Bob Iger has already postponed his retirement several times, now set to give up the role in July 2019. Iger has been CEO since 2005, presiding over the company's incredible run since then. Naturally, his departure has investors nervous.
After previous heir apparent and COO Tom Staggs abruptly left the company in 2016, a new contender has finally come to the fore: Bob Chapek.
Source: Fool.com
Walt Disney Co. Stock
€95.66
0.160%
The stock is an absolute favorite of our community with 54 Buy predictions and no Sell predictions.
As a result the target price of 115 € shows a positive potential of 20.22% compared to the current price of 95.66 € for Walt Disney Co..
