Barclays Raises Ubisoft Entertainment (OTCMKTS:UBSFY) Price Target to €40.00

Ubisoft Entertainment (OTCMKTS:UBSFYGet Rating) had its price objective lifted by equities researchers at Barclays from €38.10 ($40.11) to €40.00 ($42.11) in a note issued to investors on Friday, The Fly reports. The firm presently has an “equal weight” rating on the stock.

Other research analysts also recently issued reports about the stock. 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 research report on Friday. Benchmark raised shares of Ubisoft Entertainment from a “sell” rating to a “hold” rating in a research report on Tuesday, February 22nd. Finally, Zacks Investment Research upgraded shares of Ubisoft Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday, May 7th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $52.00.

OTCMKTS UBSFY opened at $8.70 on Friday. The company has a quick ratio of 2.18, a current ratio of 2.24 and a debt-to-equity ratio of 1.09. The firm’s fifty day moving average price is $8.74 and its 200 day moving average price is $9.77. Ubisoft Entertainment has a 12 month low of $7.36 and a 12 month high of $14.84.

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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