UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY) Upgraded by Zacks Investment Research to “Buy”
UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Wednesday, Zacks.com reports. The brokerage presently has a $19.00 price objective on the stock. Zacks Investment Research‘s price objective suggests a potential upside of 8.88% from the company’s current price.
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. “
UBSFY has been the topic of a number of other research reports. Societe Generale cut shares of UBISOFT ENTMT S/ADR from a “buy” rating to a “hold” rating in a research note on Monday, July 13th. Jefferies Financial Group raised shares of UBISOFT ENTMT S/ADR from a “hold” rating to a “buy” rating in a research note on Friday, September 11th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. UBISOFT ENTMT S/ADR currently has a consensus rating of “Buy” and a consensus target price of $19.00.
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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