UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY) Raised to “Hold” at Zacks Investment Research

UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Friday, Zacks.com reports.

According to Zacks, “Ubisoft Entertainment operates in parts of Europe, Canada and the United States and its primary activities are the production, publishing and distribution of interactive entertainment products. Products include video games, educational and cultural software, cartoons, literary, multimedia, audio-visual products, cinematographic and television works. Some of its brands are Driver, Anno, Endwar and Tom Clancy. “

Separately, Citigroup started coverage on shares of UBISOFT ENTMT S/ADR in a research note on Friday, June 7th. They issued a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. UBISOFT ENTMT S/ADR presently has an average rating of “Hold” and a consensus target price of $21.00.

UBSFY traded down $0.37 on Friday, reaching $15.20. The company had a trading volume of 435,404 shares, compared to its average volume of 632,705. The company has a market capitalization of $8.50 billion, a P/E ratio of 36.19 and a beta of 1.39. UBISOFT ENTMT S/ADR has a 52-week low of $14.04 and a 52-week high of $24.55.

About UBISOFT ENTMT S/ADR

Ubisoft Entertainment SA engages in the production, publishing, and distribution of video games for consoles, PC, smartphones, and tablets in physical and digital formats worldwide. The company designs and develops software, including scenarios, layouts, and game rules, as well as develops design tools and game engines.

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