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

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Zacks Investment Research upgraded shares of UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY) from a sell rating to a hold rating in a research note issued to investors on Friday morning, 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 UBISOFT ENTMT S/ADR in a research note on Friday, June 7th. They set a buy rating for the company. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $21.00.

Shares of OTCMKTS UBSFY opened at $15.18 on Friday. UBISOFT ENTMT S/ADR has a fifty-two week low of $14.04 and a fifty-two week high of $24.55. The company has a market cap of $8.49 billion, a price-to-earnings ratio of 36.14 and a beta of 1.39.

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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