Equities researchers at Deutsche Bank Aktiengesellschaft assumed coverage on shares of Ubisoft Entertainment (OTCMKTS:UBSFY - Get Rating) in a research report issued to clients and investors on Thursday, The Fly reports. The firm set a "buy" rating on the stock.
A number of other analysts have also recently commented on UBSFY. JPMorgan Chase & Co. dropped their target price on shares of Ubisoft Entertainment from €55.00 ($57.89) to €53.00 ($55.79) and set an "overweight" rating on the stock in a report on Friday, May 13th. The Goldman Sachs Group boosted their target price on shares of Ubisoft Entertainment from €40.00 ($42.11) to €45.00 ($47.37) and gave the company a "sell" rating in a report on Friday, June 10th. Barclays boosted their target price on shares of Ubisoft Entertainment from €38.10 ($40.11) to €40.00 ($42.11) and gave the company an "equal weight" rating in a report on Friday, May 13th. Finally, Societe Generale boosted their target price on shares of Ubisoft Entertainment from €55.30 ($58.21) to €59.00 ($62.11) and gave the company a "buy" rating in a report on Thursday, June 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Ubisoft Entertainment presently has a consensus rating of "Moderate Buy" and a consensus price target of $51.17.
OTCMKTS:UBSFY opened at $9.02 on Thursday. The firm's fifty day simple moving average is $9.29 and its 200 day simple moving average is $9.66. Ubisoft Entertainment has a twelve month low of $7.36 and a twelve month high of $14.60. The company has a current ratio of 2.24, a quick ratio of 2.18 and a debt-to-equity ratio of 1.09.
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 worldwide. 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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