The COVID-19 pandemic severely impacted the concept park and resort industries, but the ongoing rollout of many vaccines towards the ailment signifies a “shot in the arm for theme parks,” according to BofA Securities. 



a large waterfall over a body of water


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The Disney, Comcast Analyst: Jessica Reif Ehrlich maintains a Get ranking on Walt Disney Co (NYSE: DIS) inventory with an unchanged $223 price focus on.

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The analyst also maintains a Get rating on Comcast Corporation’s (NASDAQ: CMCSA) inventory with a selling price concentrate on lifted from $62 to $68.

The Disney, Comcast Takeaways: The COVID-19 pandemic is exhibiting symptoms of easing from a wellbeing viewpoint, as positive premiums in the U.S. keep on to drop from a mid-January peak, Reif Ehrlich mentioned in a note.

More than 1 million vaccine doses are being administered on a day by day foundation, and a “broader rest” of lockdowns is imminent in the months ahead, the analyst stated. 

Linked Link: Why 4 Analysts Believe Disney Can Prosper Now And Immediately after The Pandemic

Disney and Comcast individual some of the most attractive topic parks, and each firms are nicely-positioned to address pent-up leisure demand from customers, she explained.

As a base circumstance scenario, parks will return to normalized ranges by 2023, but the reopening course of action in the near-phrase will act as a catalyst for shares, Reif Ehrlich claimed. 

Potential does not have to return back to 100{540ccc4681f92a8237c705b0cdebbb9da373ec200da159e6cc1fd9f393be00be} pre-COVID-19 stages, as parks hardly ever attain comprehensive ability on common times, and the two corporations can choose edge of major running leverage in the topic park companies, the analyst stated. 

DIS, CMCSA Price Motion: Shares of Disney gained 2.82{540ccc4681f92a8237c705b0cdebbb9da373ec200da159e6cc1fd9f393be00be} Tuesday, closing at $197.09. Comcast shares gained 1.6{540ccc4681f92a8237c705b0cdebbb9da373ec200da159e6cc1fd9f393be00be}, closing at $53.34.

(Photo through Comcast. The firm’s Universal Orlando Volcano Bay is scheduled to re-open Feb. 27, 2021. )

Most recent Ratings for CMCSA

Date Organization Action From To
Feb 2021 Cowen & Co. Upgrades Market Perform Outperform
Jan 2021 TD Securities Updates Maintain Purchase
Dec 2020 Morgan Stanley Maintains Overweight

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