Ubisoft Entertainment (OTCMKTS:UBSFY) Raised to “Hold” at Hsbc Global Res

Hsbc Global Res upgraded shares of Ubisoft Entertainment (OTCMKTS:UBSFY) to a hold rating in a report published on Friday morning, Zacks.com reports.

Several other brokerages have also recently commented on UBSFY. Jefferies Financial Group raised shares of Ubisoft Entertainment from an underperform rating to a buy rating in a research report on Monday, July 8th. BNP Paribas downgraded Ubisoft Entertainment from an outperform rating to a neutral rating in a research report on Wednesday, September 11th. Citigroup raised Ubisoft Entertainment to a strong-buy rating in a research report on Thursday. BMO Capital Markets upgraded Ubisoft Entertainment from a market perform rating to an outperform rating in a research note on Wednesday, September 18th. Finally, Deutsche Bank Aktiengesellschaft cut Ubisoft Entertainment from a buy rating to a hold rating in a research note on Thursday. Five equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of Moderate Buy.

Ubisoft Entertainment Stock Up 4.5 %

UBSFY opened at $2.31 on Friday. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.15. The firm’s fifty day simple moving average is $3.41 and its 200 day simple moving average is $4.13. Ubisoft Entertainment has a 12 month low of $2.03 and a 12 month high of $6.57.

About Ubisoft Entertainment

Ubisoft Entertainment SA produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally. The company designs and develops software, including scenarios, animation, gameplay, layouts, and game rules, as well as develops design tools and game engines.