Analyst Atul Goyal from Jefferies maintained a Buy rating on Sony (SNEJF – Research Report) and keeping the price target at Yen4,910.00.
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Atul Goyal has given his Buy rating due to a combination of factors related to Sony’s strategic restructuring. The partial spin-off of Sony Financial, which is expected to be finalized by September 2025, is a significant move aimed at enhancing capital efficiency and allowing Sony to concentrate more on its core areas of entertainment and image sensors.
By distributing approximately 80% of Sony Financial Group shares as dividends, Sony is not only increasing shareholder value but also facilitating the independent growth of Sony Financial. This restructuring is expected to streamline operations, allow for tax-free adjustments, and strengthen investments in Sony’s core businesses, thereby positioning the company for sustainable growth.
Goyal covers the Communication Services sector, focusing on stocks such as Nintendo Co, KONAMI HOLDINGS, and Capcom Co. According to TipRanks, Goyal has an average return of 14.0% and a 69.28% success rate on recommended stocks.
In another report released on May 27, Macquarie also maintained a Buy rating on the stock with a Yen4,400.00 price target.
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