Ubisoft Entertain (OTCMKTS:UBSFY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Saturday. They currently have a $17.00 price target on the stock. Zacks Investment Research‘s price target points to a potential upside of 4.94% from the company’s current price.
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. “
Ubisoft Entertain (UBSFY) opened at $16.20 on Friday. Ubisoft Entertain has a 1 year low of $6.31 and a 1 year high of $16.57.
About Ubisoft Entertain
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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