CD Projekt (OTCMKTS:OTGLY) Upgraded to Market Perform at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of CD Projekt (OTCMKTS:OTGLYGet Rating) from an underperform rating to a market perform rating in a report released on Tuesday morning, The Fly reports.

A number of other brokerages also recently commented on OTGLY. Morgan Stanley raised shares of CD Projekt from an underweight rating to an equal weight rating in a report on Thursday, September 8th. Citigroup raised shares of CD Projekt from a sell rating to a neutral rating in a research report on Wednesday, June 29th. Deutsche Bank Aktiengesellschaft started coverage on shares of CD Projekt in a research note on Thursday, June 23rd. They issued a hold rating for the company. Jefferies Financial Group lowered their price objective on shares of CD Projekt from 85.00 to 75.00 and set an underperform rating for the company in a research note on Tuesday, July 19th. Finally, Barclays cut their price objective on shares of CD Projekt from 130.00 to 90.00 in a report on Friday, May 27th. Four analysts have rated the stock with a sell rating and six have given a hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of Hold and an average target price of $99.75.

CD Projekt Price Performance

OTGLY opened at $4.20 on Tuesday. CD Projekt has a 52 week low of $3.98 and a 52 week high of $13.65. The firm has a 50-day simple moving average of $4.79 and a two-hundred day simple moving average of $6.66.

CD Projekt Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 26th. Shareholders of record on Monday, July 4th were issued a $0.0347 dividend. The ex-dividend date of this dividend was Friday, July 1st. This represents a yield of 0.66%.

CD Projekt Company Profile

(Get Rating)

CD Projekt SA, together its subsidiaries, engages in the development, publishing, and digital distribution of videogames for personal computers and video game consoles worldwide. It operates through two segments, CD PROJEKT RED and GOG.com. The company's product portfolio comprises The Witcher; The Witcher 2: Assassins of Kings; The Witcher 3: Wild Hunt; Thronebreaker: The Witcher Tales; Gwent: The Witcher Card game; and Cyberpunk 2077.

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Analyst Recommendations for CD Projekt (OTCMKTS:OTGLY)

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