♔ The Trade Off
CFRA Sticks to Their Buy Rating for Sony Group (SONY)
In a report released today, Jeff Wong Jia Wei from CFRA maintained a Buy rating on Sony Group, with a price target of $34.00. The company’s shares closed today at $28.25.
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According to TipRanks, Wong Jia Wei is ranked #6421 out of 10036 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sony Group with a $32.33 average price target.
Based on Sony Group’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 $3011649000 thousand and had a net profit of $231.64 billion
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