New Buy Rating for Sony Group (SONY), the Technology Giant
CFRA analyst Hazim Bahari maintained a Buy rating on Sony Group (SONY – Research Report) today and set a price target of $30.00. The company’s shares closed today at $26.56.
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According to TipRanks, Bahari is a 2-star analyst with an average return of 12.6% and a 100.00% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sony Group with a $28.00 average price target, representing a 5.42% upside. In a report released on May 14, TD Cowen also reiterated a Buy rating on the stock with a $28.00 price target.
Based on Sony Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4409574000 thousand and a net profit of $373.74 billion. In comparison, last year the company earned a revenue of $3747527000 thousand and had a net profit of $363.92 billion
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