Sony (SNEJF) Receives a Hold from Nomura
In a report released today, Yu Okazaki from Nomura maintained a Hold rating on Sony, with a price target of Yen4,500.00. The company’s shares closed yesterday at $29.34.
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According to TipRanks, Okazaki is a 2-star analyst with an average return of 0.8% and a 48.65% success rate. Okazaki covers the Technology sector, focusing on stocks such as Sony, Wacom Co, and Casio Computer Co.
Sony has an analyst consensus of Strong Buy, with a price target consensus of $31.33.
Based on Sony’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2621615000 thousand and a net profit of $236.91 billion. In comparison, last year the company earned a revenue of $2565361000 thousand and had a net profit of $231.64 billion
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