Sony Group Co. (NYSE:SONY – Get Rating) – Stock analysts at Jefferies Financial Group issued their FY2023 EPS estimates for shares of Sony Group in a research note issued on Tuesday, May 10th. Jefferies Financial Group analyst A. Goyal forecasts that the company will post earnings per share of $7.87 for the year. Jefferies Financial Group also issued estimates for Sony Group’s FY2024 earnings at $9.33 EPS and FY2025 earnings at $10.86 EPS.
Other equities research analysts also recently issued research reports about the stock. StockNews.com initiated coverage on shares of Sony Group in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Zacks Investment Research downgraded shares of Sony Group from a “buy” rating to a “sell” rating and set a $115.00 price target on the stock. in a research report on Friday, February 4th.
Several hedge funds have recently made changes to their positions in the company. Primecap Management Co. CA bought a new stake in Sony Group during the 3rd quarter worth approximately $3,080,204,000. Bank of America Corp DE increased its stake in Sony Group by 0.8% during the 4th quarter. Bank of America Corp DE now owns 4,167,598 shares of the company’s stock worth $526,784,000 after purchasing an additional 32,771 shares in the last quarter. Morgan Stanley bought a new stake in Sony Group during the 3rd quarter worth approximately $268,675,000. Gamco Investors INC. ET AL bought a new stake in Sony Group during the 3rd quarter worth approximately $209,262,000. Finally, Gabelli Funds LLC bought a new stake in Sony Group during the 3rd quarter worth approximately $187,135,000.
About Sony Group (Get Rating)
Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets worldwide. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home and portable game consoles, packaged software, and peripheral devices.
- Get a free copy of the StockNews.com research report on Sony Group (SONY)
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