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Sony Corp (ADR) (NYSE:SNE) target price raised to $38.00, issued a report today by Zacks Investment Research

Yesterday Sony Corp (ADR) (NYSE:SNE) traded -0.06% lower at $33.37. The company’s 50-day moving average is $32.85 and its 200-day moving average is $29.00. The last stock close price is up 15.34% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 349,612 shares of the stock were exchanged, down from an average trading volume of 1,091,070

Sony Corp (ADR) (NYSE:SNE) had its target bumped up to $38.00 by Zacks Investment Research in a report issued 9/28/2016. The updated target price indicates a possible upside of 0.14% based on the company's last stock close price.

Previously on 09/06/2016, Vetr Inc. reported about Sony Corp (ADR) (NYSE:SNE) raised the target price from $0.00 to $35.49. At the time, this indicated a possible upside of 0.06%.

See Chart Below

Sony Corp (ADR) (NYSE:SNE)

Sony Corp (ADR) has a 52 week low of $19.90 and a 52 week high of $34.17 with a P/E ratio of 50.53 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 1 firm has reported on the stock. The consensus target price is $41.82 with 2 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Sony Corp (ADR) (NYSE:SNE)

Sony Corporation (Sony) 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's segments include Mobile Communications, Game & Network Services, Imaging Products & Solutions, Home Entertainment & Sound, Devices, Pictures, Music, Financial Services and All Other. It is engaged in the production, acquisition and distribution of motion pictures and television programming and the operation of television and digital networks. It is also engaged in the development, production, manufacture and distribution of recorded music and the management and licensing of the words and music of songs. It is also engaged in various financial services businesses, including life and non-life insurance operations, through its Japanese insurance subsidiaries and banking operations through a Japanese Internet-based banking subsidiary.

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