New Buy Rating for Sony Group (SONY), the Technology Giant
TD Cowen analyst Doug Creutz maintained a Buy rating on Sony Group on October 27. The company’s shares closed yesterday at $28.99.
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According to TipRanks, Creutz is a 5-star analyst with an average return of 14.6% and a 64.90% success rate. Creutz covers the Communication Services sector, focusing on stocks such as Live Nation Entertainment, Warner Bros, and Electronic Arts.
Currently, the analyst consensus on Sony Group is a Moderate Buy with an average price target of $34.00.
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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