Sony (SNEJF): New Buy Recommendation for This Technology Giant

Macquarie analyst Damian Thong maintained a Buy rating on Sony (SNEJF – Research Report) today and set a price target of Yen4,400.00. The company’s shares opened today at $27.66.

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According to TipRanks, Thong is a 4-star analyst with an average return of 11.7% and a 64.29% success rate. Thong covers the Technology sector, focusing on stocks such as Advantest, Sony, and Anritsu.

Currently, the analyst consensus on Sony is a Strong Buy with an average price target of $30.30, representing a 9.55% upside. In a report released on June 6, J.P. Morgan also maintained a Buy rating on the stock with a Yen4,800.00 price target.

The company has a one-year high of $28.06 and a one-year low of $15.78. Currently, Sony has an average volume of 138.2K.