Sony Group Corporation American Depositary Shares: 52-Week High Recently Eclipsed (SONY)

January 5, 2022 09:58:30

Sony Group Corporation American Depositary Shares (NYSE:SONY) traded today at a new 52-week high of $133.75. So far today approximately 155,000 shares have been exchanged, as compared to an average 30-day volume of 532,000 shares.

Over the past year, Sony Group Corporation American Depositary Shares has traded in a range of $91.75 to $133.75 and is now at $133.13, 45% above that low.

Sony Group Corporation American Depositary Shares (NYSE:SONY) has potential upside of 30.9% based on a current price of $133.13 and analysts’ consensus price target of $174.28.

Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, and movies, and so on. Sony’s business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.

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