Sony (TSE:6758) Stock Looks Fairly Valued Following Next Console Price Rumors
Sony Group has delivered a powerful 3 year share price run, which puts fresh focus on whether the current market tag is supported by the cash the business is expected to generate. With new console cost headlines in the mix, investors are asking if today’s valuation for Sony really lines up with its underlying cash flows. The stock has gained 82.8% over the past 3 years, so a lot now rides on whether that move is backed by the company’s future cash generation. Reports that the next generation...
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