New York: Sony Corp (NYSE:SNE) Stock Has Just Had Its Buy Rating Reiterated by Jefferies. Shares now Have a $41.5000 Target

June 15, 2017 - By reb123z

 New York: Sony Corp (NYSE:SNE) Stock Has Just Had Its Buy Rating Reiterated by Jefferies. Shares now Have a $41.5000 Target

Sony Corp (NYSE:SNE) Rating Reaffirmed

Investment analysts at Jefferies now has a $41.5000 PT on Sony Corp (NYSE:SNE). Jefferies and their recent PT would suggest a potential upside of 11.38 % from the company’s last price. The rating has been revealed to clients and investors in analysts report on Friday morning.

Sony Corp (ADR) (NYSE:SNE) Ratings Coverage

Among 5 analysts covering Sony Corp (NYSE:SNE), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sony Corp had 7 analyst reports since August 16, 2015 according to SRatingsIntel. The stock of Sony Corp (ADR) (NYSE:SNE) has “Buy” rating given on Wednesday, July 6 by Deutsche Bank. On Sunday, August 16 the stock rating was maintained by JP Morgan with “Overweight”. The stock of Sony Corp (ADR) (NYSE:SNE) has “Overweight” rating given on Monday, April 24 by JP Morgan. On Wednesday, April 26 the stock rating was initiated by Bernstein with “Outperform”. The company was maintained on Friday, September 4 by Nomura. The firm has “Neutral” rating by JP Morgan given on Thursday, April 21. The firm has “Buy” rating by TheStreet given on Monday, August 24.

About 20,417 shares traded. Sony Corp (ADR) (NYSE:SNE) has risen 36.68% since June 15, 2016 and is uptrending. It has outperformed by 19.98% the S&P500.

Analysts expect Sony Corp (ADR) (NYSE:SNE) to report $0.47 EPS on August, 4.They anticipate $0.31 EPS change or 193.75 % from last quarter’s $0.16 EPS. SNE’s profit would be $589.83 million giving it 19.82 P/E if the $0.47 EPS is correct. After having $0.19 EPS previously, Sony Corp (ADR)’s analysts see 147.37 % EPS growth.

Sony Corporation 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 has market cap of $46.76 billion. The Company’s divisions include Mobile Communications, Game & Network Services, Imaging Products & Solutions, Home Entertainment & Sound, Devices, Pictures, Music, Financial Services and All Other. It has a 71.37 P/E ratio. It is engaged in the production, acquisition and distribution of motion pictures and television programming and the operation of television and digital networks.

More important recent Sony Corp (ADR) (NYSE:SNE) news were published by: Investorplace.com which released: “Why Sony Corp (ADR) (SNE) Stock Should Ditch the Entertainment Biz” on February 02, 2017, also 247Wallst.com published article titled: “Sony Has Sold Over 60 Million PS4 Units Worldwide”, Investorplace.com published: “Sony Corp ADR (SNE) Earnings Hit by PS4 Price Cut” on November 01, 2016. More interesting news about Sony Corp (ADR) (NYSE:SNE) was released by: Investorplace.com and their article: “Why American Airlines Group Inc (AAL), Sony Corp (ADR) (SNE) and Tempur Sealy …” with publication date: January 30, 2017.

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