Media stories about Sony (NYSE:SNE) have trended positive on Tuesday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than 6,000 news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sony earned a news impact score of 2.68 on their scale. InfoTrie also gave news coverage about the company an news buzz score of 4 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Sony’s score:
- Happy 24th Birthday to Sony’s PlayStation (fool.com)
- ‘Crazy Rich Asians’ has crazy bad opening weekend in China (clickondetroit.com)
- Sony (SNE) Earning Positive Media Coverage, Report Finds (americanbankingnews.com)
- Sony (SNE) Upgraded at JPMorgan Chase & Co. (americanbankingnews.com)
- Citi Upgrades Sony Corp. (6785:JP) (SNE) to Buy (streetinsider.com)
NYSE SNE opened at $54.17 on Tuesday. Sony has a 12 month low of $44.37 and a 12 month high of $61.02. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 0.92. The stock has a market capitalization of $66.74 billion, a price-to-earnings ratio of 16.47, a P/E/G ratio of 1.16 and a beta of 1.62.
Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Sony from a “neutral” rating to a “buy” rating in a research report on Friday. Citigroup raised shares of Sony from a “neutral” rating to a “buy” rating and set a $52.91 price target on the stock in a research report on Friday. Zacks Investment Research cut shares of Sony from a “buy” rating to a “hold” rating in a research report on Tuesday, October 16th. ValuEngine cut shares of Sony from a “hold” rating to a “sell” rating in a research report on Monday, November 12th. Finally, Piper Jaffray Companies reissued an “overweight” rating on shares of Sony in a research report on Friday, October 19th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. Sony currently has a consensus rating of “Buy” and a consensus target price of $67.07.
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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