Ubisoft Entertain (OTCMKTS:UBSFY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Friday. The firm presently has a $19.00 target price on the stock. Zacks Investment Research‘s target price would indicate a potential upside of 5.79% from the stock’s previous close.
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. “
Shares of UBSFY traded down $0.05 during midday trading on Friday, reaching $17.96. 15,458 shares of the stock were exchanged, compared to its average volume of 107,945. Ubisoft Entertain has a 12-month low of $8.52 and a 12-month high of $18.06. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.82 and a quick ratio of 1.73. The company has a market capitalization of $9,737.43, a PE ratio of 56.18 and a beta of 1.54.
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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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