ValuEngine downgraded shares of Sony (NYSE:SNE) from a hold rating to a sell rating in a research report report published on Monday.
Several other research firms also recently weighed in on SNE. Zacks Investment Research downgraded shares of Sony from a buy rating to a hold rating in a report on Tuesday, October 16th. Credit Suisse Group upgraded shares of Sony from a neutral rating to an outperform rating in a report on Monday, September 10th. Finally, Piper Jaffray Companies restated an overweight rating on shares of Sony in a report on Friday, October 19th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Sony has an average rating of Hold and an average target price of $74.15.
SNE traded down $0.17 during trading on Monday, hitting $50.97. 2,557 shares of the company’s stock were exchanged, compared to its average volume of 1,148,881. The company has a current ratio of 0.92, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. Sony has a fifty-two week low of $44.37 and a fifty-two week high of $61.02. The company has a market cap of $65.11 billion, a price-to-earnings ratio of 15.47, a PEG ratio of 1.13 and a beta of 1.63.
Sony Company Profile
Sony Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets worldwide. The company offers network services related to games, videos, and music contents; and home and portable game consoles, packaged software, and peripheral devices, as well as broadcast/professional, integrated circuit card technology, and medical and imaging device solutions.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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