Embracer Group AB (publ) (OTCMKTS:THQQF) Receives Average Rating of “Hold” from Brokerages

Embracer Group AB (publ) (OTCMKTS:THQQF) has been given a consensus recommendation of “Hold” by the six brokerages that are currently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company.

THQQF has been the subject of a number of research analyst reports. JPMorgan Chase & Co. assumed coverage on Embracer Group AB (publ) in a research note on Thursday, August 10th. They issued a “neutral” rating for the company. Jefferies Financial Group assumed coverage on shares of Embracer Group AB (publ) in a research note on Wednesday, July 26th. They issued a “hold” rating for the company. Finally, HSBC lowered shares of Embracer Group AB (publ) from a “buy” rating to a “hold” rating in a research note on Wednesday, July 26th.

Embracer Group AB (publ) Stock Up 4.0 %

Shares of Embracer Group AB (publ) stock opened at $2.33 on Monday. Embracer Group AB has a 52 week low of $2.17 and a 52 week high of $6.86. The stock’s fifty day moving average is $2.57 and its two-hundred day moving average is $3.65.

About Embracer Group AB (publ)

Embracer Group AB (publ), together with its subsidiaries, develops and publishes PC, console, mobile, VR, and board games for the games market worldwide. The company has a catalogue of approximately 850 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory, Wreckfest, Insurgency, World War Z, and others.