Sony Corp Ord (NYSE:SNE) is scheduled to post its quarterly earnings results before the market opens on Tuesday, August 1st. Analysts expect Sony Corp Ord to post earnings of $0.48 per share for the quarter.
Shares of Sony Corp Ord (SNE) opened at 40.97 on Friday. The company has a 50-day moving average of $38.91 and a 200 day moving average of $34.38. Sony Corp Ord has a 52-week low of $27.72 and a 52-week high of $41.65. The company has a market capitalization of $51.73 billion, a PE ratio of 80.65 and a beta of 1.72.
SNE has been the topic of several research analyst reports. J P Morgan Chase & Co raised shares of Sony Corp Ord from a “neutral” rating to an “overweight” rating in a research note on Friday, April 21st. Sanford C. Bernstein initiated coverage on shares of Sony Corp Ord in a research note on Tuesday, April 25th. They set an “outperform” rating and a $41.00 target price on the stock. Goldman Sachs Group, Inc. (The) reissued a “conviction-buy” rating on shares of Sony Corp Ord in a research note on Monday, May 1st. Zacks Investment Research raised shares of Sony Corp Ord from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a research note on Wednesday, May 3rd. Finally, BidaskClub raised shares of Sony Corp Ord from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 27th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $39.37.
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About Sony Corp Ord
Sony Corporation (Sony) is engaged in the development, design, manufacture and sale of various kinds of electronic equipment, instruments and devices for consumer, professional and industrial markets, as well as game consoles and software. The Company’s segments include Mobile Communications, Game & Network Services, Imaging Products & Solutions, Home Entertainment & Sound, Devices, Pictures, Music, Financial Services and All Other.
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