Ubisoft Entertainment (OTCMKTS:UBSFY) Stock Rating Lowered by HSBC

Ubisoft Entertainment (OTCMKTS:UBSFYGet Rating) was downgraded by equities researchers at HSBC from a “buy” rating to a “hold” rating in a research report issued on Thursday, Briefing.com reports.

Other equities research analysts have also issued reports about the company. Stifel Nicolaus lowered Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research report on Thursday, September 22nd. The Goldman Sachs Group raised Ubisoft Entertainment from a “sell” rating to a “neutral” rating and lowered their price target for the company from €41.00 ($44.57) to €37.00 ($40.22) in a research report on Friday, October 28th. Credit Suisse Group reduced their price objective on Ubisoft Entertainment from €48.50 ($52.72) to €40.00 ($43.48) and set an “outperform” rating for the company in a research note on Monday, October 31st. JPMorgan Chase & Co. reduced their price objective on Ubisoft Entertainment from €53.00 ($57.61) to €46.00 ($50.00) in a research note on Tuesday, December 13th. Finally, Societe Generale downgraded Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research note on Wednesday, January 11th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $43.86.

Ubisoft Entertainment Price Performance

Shares of OTCMKTS:UBSFY opened at $4.14 on Thursday. The company has a quick ratio of 1.27, a current ratio of 1.30 and a debt-to-equity ratio of 0.82. Ubisoft Entertainment has a twelve month low of $4.00 and a twelve month high of $11.97. The stock’s 50 day moving average is $5.34 and its 200-day moving average is $6.55.

Ubisoft Entertainment Company Profile

(Get Rating)

Ubisoft Entertainment SA is a holding company, which engages in the production, publication, and distribution of multimedia, audiovisual, and information technology products. It creates and publishes video games, educational and cultural software, cartoons and literary, and cinematographic and television works.

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Analyst Recommendations for Ubisoft Entertainment (OTCMKTS:UBSFY)

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