Could Sony hit 100 by September 20th

**Sony Group (SONY)** has a positive outlook with an expected price target of $108.00, which represents a 12.94% upside from its last price of $90.79. However, it is unlikely that SONY will hit $100 by September 20th.

1. **Current Price and Recent Performance**: As of August 20, 2024, SONY's closing price was $90.79, with a 30-day percentage change of -2.2%. The stock has shown a slight decline in the short term, which may make it challenging to reach the $100 mark within the specified timeframe.

2. **Analyst Ratings and Price Targets**: The average analyst price target over the last 3 months is $108.00, with a high estimate of $108.00 and a low estimate of $108.00. This suggests that analysts are optimistic about the stock's future performance.
3. **Technical Indicators**: The 50-day moving average is $87.15, and the 200-day moving average is $87.80. These indicators are below the current price, indicating a potential for the stock to move towards these averages in the short term.

4. **Market Conditions and Sentiment**: The overall market sentiment towards Sony is positive, with a moderate buy consensus among analysts. However, reaching a specific price target by a certain date is subject to market conditions and broader economic factors that could impact investor sentiment and stock performance.

In conclusion, while Sony has a positive outlook and an expected price target of $108.00, the current price and recent performance suggest that it is unlikely to hit $100 by September 20th. Market conditions and broader economic factors could also influence the stock's trajectory, further complicating the likelihood of such a price target being achieved.