Ubisoft Entertainment (OTCMKTS:UBSFY) Downgraded to “Hold” at Stifel Nicolaus

Stifel Nicolaus lowered shares of Ubisoft Entertainment (OTCMKTS:UBSFYGet Rating) from a buy rating to a hold rating in a research report sent to investors on Thursday morning, The Fly reports.

Other analysts also recently issued reports about the stock. Barclays boosted their target price on shares of Ubisoft Entertainment from €40.00 ($40.82) to €42.00 ($42.86) and gave the stock an equal weight rating in a research report on Thursday, July 14th. Societe Generale reissued a buy rating and issued a $58.00 target price (down from $59.00) on shares of Ubisoft Entertainment in a research report on Tuesday, July 5th. The Goldman Sachs Group boosted their target price on shares of Ubisoft Entertainment from €40.00 ($40.82) to €45.00 ($45.92) and gave the stock a sell rating in a research report on Friday, June 10th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Ubisoft Entertainment from €60.00 ($61.22) to €50.00 ($51.02) and set a buy rating for the company in a research note on Friday, July 22nd. Finally, Benchmark cut shares of Ubisoft Entertainment from a hold rating to a sell rating in a research note on Friday, July 22nd. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Hold and a consensus target price of $51.25.

Ubisoft Entertainment Stock Down 6.0 %

UBSFY stock opened at $5.97 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.49 and a quick ratio of 1.47. Ubisoft Entertainment has a 12 month low of $5.94 and a 12 month high of $12.93. The firm has a 50 day moving average of $8.28 and a two-hundred day moving average of $8.78.

About Ubisoft Entertainment

(Get Rating)

Ubisoft Entertainment SA produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally. The company designs and develops software, including scenarios, animation, gameplay, layouts, and game rules, as well as develops design tools and game engines.

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