UBISOFT ENTMT S/ADR (UBSFY) Downgraded by Zacks Investment Research

UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Friday, Zacks.com reports.

According to Zacks, “Ubisoft Entertainment operates in parts of Europe, Canada and the United States and its primary activities are the production, publishing and distribution of interactive entertainment products. Products include video games, educational and cultural software, cartoons, literary, multimedia, audio-visual products, cinematographic and television works. Some of its brands are Driver, Anno, Endwar and Tom Clancy. “

UBSFY has been the topic of a number of other research reports. Jefferies Financial Group restated a “hold” rating on shares of UBISOFT ENTMT S/ADR in a report on Thursday, January 17th. Goldman Sachs Group initiated coverage on UBISOFT ENTMT S/ADR in a report on Wednesday, January 30th. They issued a “neutral” rating on the stock. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. UBISOFT ENTMT S/ADR has an average rating of “Hold” and an average price target of $21.00.

OTCMKTS:UBSFY opened at $16.03 on Friday. UBISOFT ENTMT S/ADR has a 52 week low of $14.04 and a 52 week high of $24.55. The company has a market capitalization of $9.06 billion, a P/E ratio of 38.17 and a beta of 1.31.

About UBISOFT ENTMT S/ADR

Ubisoft Entertainment SA engages in the production, publishing, and distribution of video games for consoles, PC, smartphones, and tablets in physical and digital formats worldwide. The company designs and develops software, including scenarios, layouts, and game rules, as well as develops design tools and game engines.

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