Gree Inc (GREZF) Upgraded to “Buy” by Zacks Investment Research

Zacks Investment Research upgraded shares of Gree Inc (NASDAQ:GREZF) from a hold rating to a buy rating in a report released on Monday, June 5th. Zacks Investment Research currently has $9.25 target price on the stock.

According to Zacks, “Gree, Inc. operates as a social network service. The company’s business consists of Games, Commerce and Lifestyle, Community and Media, Advertising and Online Video as well as Investment. Gree, Inc. is headquartered in Tokyo, Japan. “

Shares of Gree (NASDAQ:GREZF) remained flat at $8.75 during midday trading on Monday. The firm’s 50-day moving average price is $7.79 and its 200-day moving average price is $6.09. Gree has a one year low of $5.25 and a one year high of $8.75. The firm has a market cap of $2.06 billion and a P/E ratio of 13.89.

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