UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY) Trading Up 1.9%

UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY) shares were up 1.9% during trading on Wednesday . The company traded as high as $15.92 and last traded at $15.90, approximately 3,800 shares traded hands during trading. A decline of 92% from the average daily volume of 48,953 shares. The stock had previously closed at $15.61.

Several equities research analysts have weighed in on the company. Citigroup assumed coverage on UBISOFT ENTMT S/ADR in a report on Friday, June 7th. They issued a “buy” rating for the company. Zacks Investment Research raised UBISOFT ENTMT S/ADR from a “sell” rating to a “hold” rating in a research note on Saturday, July 13th. Jefferies Financial Group upgraded UBISOFT ENTMT S/ADR from a “hold” rating to a “buy” rating in a report on Monday, July 15th. Consumer Edge assumed coverage on UBISOFT ENTMT S/ADR in a report on Thursday, June 27th. They set an “overweight” rating for the company. Finally, KeyCorp reaffirmed an “overweight” rating on shares of UBISOFT ENTMT S/ADR in a research note on Tuesday, July 30th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $21.00.

The company’s 50-day moving average price is $16.14 and its 200 day moving average price is $16.60.

About UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY)

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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