fbpx
10.4 C
London
Wednesday, April 14, 2021

The Stocks Of SONO Have Been Downgraded By Zacks Investment Research

The stocks of SONO have been downgraded by the analysts from Zacks Investment Research from a rating of ‘buy’ to a rating of ‘hold’ in a research note that was sent out to investors. 

The Commentary on the Stocks of SONO

Quite a few research equities have commented on the stocks of SONO. TheStreet has already raised the shares of the company from a ‘d’ rating to ‘c-’ rating in a November 19th report. The Royal Bank of Canada has also raised the relative target price on the company from $19 to $24 while giving the stocks a rating of ‘outperform’ in one of their research reports.

- Advertisement -

The Bank of America has also raised the shares of the company from a rating of ‘neutral’ to a rating of ‘buy’ and has increased the target price from $17.50 to$18 in an October 15th report. BidaskClub has downgraded the stocks of the company from a rating of ‘buy’ to a rating of ‘hold’ in an October 7th research report. Morgan Stanley was the last to comment, as they increased the price objective of Sonos from $20 to $30, and have issued the stocks a rating of ‘overweight’.

One analyst has given the stocks a rating of sell, while six of them have given it a rating of hold. Four investment analysts have considered the stocks of SONO worthy of a buy rating. Currently, the average rating is ‘hold’, with a price target set at $19.81.

The stocks of SONO traded at $24.44 last Friday. The moving average of the firm over 50 days is $20.46, while that of 200-days is $15.98. The market cap of the stock of $2.76 billion, with a PE ratio, fixed at -35.94, with a beta of 1.56. The year low of the company is $6.58, while the year high is $25.40. The current ratio of the company is 1.89. 

- Advertisement -

Follow Us

16,985FansLike
4,865FollowersFollow
1,643FollowersFollow

Latest news