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Ubisoft Entertainment (OTC Market: UBSFY – Get a rating) In a note to investors on Friday, Goldman Sachs upgraded its rating to “neutral” from “sell,” fly Report. The company currently has a target price of 37.00 euros ($37.76) on the stock, down from its previous target price of 41.00 euros ($41.84).
Several other research analysts also commented on UBSFY. Societe Generale reiterated a “buy” rating and set a $58.00 price target on Ubisoft’s stock (previously $59.00) in a research note on Tuesday, July 5. JPMorgan Chase & Co. lowered its price target on Ubisoft Entertainment to 53.00 euros ($54.08) from 54.00 euros ($55.10) in a research note on Monday, Oct. 10, with an “overweight” rating on the stock. Benchmark downgraded Ubisoft Entertainment from a “hold” rating to a “sell” rating in a research note on Friday, July 22. Deutsche Bank AG cut its price target on Ubisoft Entertainment to 40.00 euros ($40.82) from 50.00 euros ($51.02) and gave the stock a “buy” in a research note on Friday, Oct. 14 rating. Finally, BNP Paribas downgraded Ubisoft Entertainment to “neutral” from “outperform” in a research note on Friday, July 8. One analyst has a sell rating on the stock, five have a hold rating and six have a buy rating on the company. According to MarketBeat, Ubisoft Entertainment currently has an average “hold” rating and an average price target of $49.00.
Ubisoft Entertainment Stock Performance
of shares OTCMKTS UBSFY It was up 3 cents at $5.35 in midday trade on Friday. The company’s stock was traded at 55,884 shares, compared to its average volume of 212,277 shares. The company’s gearing ratio is 0.79, its current ratio is 1.49, and its quick ratio is 1.47. Ubisoft Entertainment has a 12-month low of $4.90 and a 12-month high of $12.29. The company’s 50-day simple moving average is $6.64 and its 200-day simple moving average is $8.19.
About Ubisoft Entertainment
Ubisoft Entertainment SA produces, publishes and distributes video games in physical and digital formats for consoles, PCs, smartphones and tablets in Europe, North America and internationally. The company designs and develops software, including scenes, animations, gameplay, layouts, and game rules, as well as developing design tools and game engines.
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