UBISOFT ENTMT S/ADR (UBSFY) Stock Rating Lowered by Zacks Investment Research

UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday, 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, Goldman Sachs Group initiated coverage on shares of UBISOFT ENTMT S/ADR in a research report on Wednesday, January 30th. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $21.00.

Shares of OTCMKTS UBSFY opened at $16.10 on Wednesday. The company has a market capitalization of $8.84 billion, a PE ratio of 38.33 and a beta of 1.31. UBISOFT ENTMT S/ADR has a 52-week low of $14.04 and a 52-week high of $24.55.

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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