Shaers of Sony Corporation (NYSE:SNE) have been recommended as a long term growth pick according to Beta Research. With the firm’s stock price currently trading around $46.05, the firm has proven a solid track record of growth over the past few years. Investors might consider the stock as a long term growth candidate as the firm has yielded 16.30% earnings per share growth over the past 5 years and 3.20% revenue growth over that same time frame.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Sony Corporation (NYSE:SNE)’s stock was 64.29%. Over the last week of the month, it was 0.09%, 16.91% over the last quarter, and 30.23% for the past six months.
Over the past 50 days, Sony Corporation’s stock is -3.24% off of the high and 27.03% removed from the low. Their 52-Week High and Low are as follows: -3.24% (High), 66.13%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $48.32 on the equity. Analysts have a consensus recommendation of 1.00 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.