Sony Group (NYSE: SONY – Get Note) was upgraded by TheStreet from a “c+” rating to a “b-” rating in a research rating published on Monday, reports TheStreetRatingsTable.
Other research analysts have also recently published reports on the company. StockNews.com picked up Sony Group’s coverage in a Wednesday, October 12 research note. They issued a “hold” rating for the company. Cowen reduced his price target on Sony Group from $144.00 to $102.00 in a Wednesday, November 2 research note. Goldman Sachs Group launched coverage on Sony Group in a research report on Wednesday, September 7. They set a “neutral” rating for the company. Finally, Cowen reduced its price target on Sony Group from $144.00 to $102.00 in a Wednesday, November 2 research report. Three research analysts rated the stock with a hold rating and one gave the stock a buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $109.67.
Sony Group Price Performance
Shares of NYSE SONY opened at $79.47 on Monday. The company has a debt ratio of 0.19, a quick ratio of 0.43 and a current ratio of 0.58. The company has a market capitalization of $98.30 billion, a PE ratio of 13.03, a P/E/G ratio of 2.65 and a beta of 0.99. The company has a 50-day simple moving average of $72.84 and a two-hundred-day simple moving average of $79.58. Sony Group has a fifty-two week low of $61.72 and a fifty-two week high of $133.75.
Sony Group Institutional Trading
Institutional investors have recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Sony Group in the first quarter valued at approximately $970,000. Tcwp LLC acquired a new stake in Sony Group shares in the first quarter worth approximately $135,000. PFS Investments Inc. increased its stake in Sony Group shares by 53.1% in the first quarter. PFS Investments Inc. now owns 34,838 shares of the company worth $3,578,000 after acquiring an additional 12,081 shares in the last quarter. Wambolt & Associates LLC increased its stake in Sony Group shares to 75.6% in the first quarter. Wambolt & Associates LLC now owns 8,550 shares of the company worth $880,000 after acquiring 3,680 additional shares in the last quarter. Finally, Ronald Blue Trust Inc. acquired a new Sony Group equity stake in the second quarter worth approximately $227,000. 7.69% of the shares are held by institutional investors and hedge funds.
Sony Group Company Profile
(Get a rating)
Sony Group Corporation designs, develops, produces and sells electronic equipment, instruments and devices for the consumer, professional and industrial markets in Japan, the United States, Europe, China, Asia-Pacific and the international. The Company distributes software titles and complementary content through digital networks; network services relating to game, video and music content; and home and portable game consoles, embedded software and peripherals.
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