UBISOFT ENTMT S/ADR’s (UBSFY) “Sell” Rating Reaffirmed at Zacks Investment Research

Zacks Investment Research restated their sell rating on shares of UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY) in a research note released on Saturday 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. “

Several other analysts have also recently weighed in on the stock. Stephens raised shares of UBISOFT ENTMT S/ADR from an underweight rating to an equal rating in a research note on Thursday, October 31st. ValuEngine raised shares of UBISOFT ENTMT S/ADR from a hold rating to a buy rating in a research note on Tuesday, October 15th. Barclays cut shares of UBISOFT ENTMT S/ADR from an overweight rating to an equal weight rating in a research note on Friday, October 25th. Macquarie began coverage on shares of UBISOFT ENTMT S/ADR in a research note on Friday, October 18th. They set an outperform rating on the stock. Finally, KeyCorp cut shares of UBISOFT ENTMT S/ADR from an overweight rating to a sector weight rating in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of $13.00.

OTCMKTS:UBSFY opened at $14.61 on Friday. The firm has a market capitalization of $8.81 billion, a PE ratio of 22.48 and a beta of 1.24. UBISOFT ENTMT S/ADR has a 12-month low of $10.04 and a 12-month high of $19.25. The firm has a 50-day moving average price of $13.27 and a 200 day moving average price of $14.22.

UBISOFT ENTMT S/ADR Company Profile

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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