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

Zacks Investment Research upgraded shares of Gree Inc (NASDAQ:GREZF) from a hold rating to a buy rating in a research report released on Wednesday morning. The brokerage 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 (GREZF) opened at 8.75 on Wednesday. Gree has a 52 week low of $5.25 and a 52 week high of $8.75. The company has a market capitalization of $2.06 billion and a PE ratio of 13.89. The firm’s 50-day moving average is $7.72 and its 200 day moving average is $6.06.

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