Sony Corp. (NYSE:SNE)’s share price was down 0.8% during trading on Monday . The company traded as low as $32.65 and last traded at $32.92, with a volume of 737,295 shares trading hands. The stock had previously closed at $33.18.

A number of equities analysts have recently commented on SNE shares. Vetr downgraded shares of Sony Corp. from a “buy” rating to a “hold” rating and set a $31.36 target price on the stock. in a research note on Tuesday, July 19th. Deutsche Bank AG raised shares of Sony Corp. from a “hold” rating to a “buy” rating in a research note on Wednesday, July 6th. Zacks Investment Research raised shares of Sony Corp. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 26th. TheStreet raised shares of Sony Corp. from a “hold” rating to a “buy” rating in a research note on Thursday, August 11th. Finally, Jefferies Group reissued a “buy” rating on shares of Sony Corp. in a research note on Friday, June 10th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $32.21.

The firm has a 50-day moving average of $31.84 and a 200 day moving average of $27.47. The company has a market capitalization of $41.44 billion and a P/E ratio of 48.96.

Sony Corp. (NYSE:SNE) last announced its quarterly earnings data on Friday, July 29th. The company reported $16.44 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.28) by $16.72. The company had revenue of $1,613.20 billion for the quarter, compared to analysts’ expectations of $1,682.98 billion. During the same period in the previous year, the firm posted $70.52 earnings per share. The business’s revenue for the quarter was down 10.8% on a year-over-year basis. On average, equities research analysts predict that Sony Corp. will post $0.61 earnings per share for the current year.

An institutional investor recently raised its position in Sony Corp. stock. Airain ltd increased its position in shares of Sony Corp. (NYSE:SNE) by 83.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 67,895 shares of the company’s stock after buying an additional 30,890 shares during the period. Airain ltd’s holdings in Sony Corp. were worth $1,671,000 as of its most recent SEC filing.

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.

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