Ubisoft Entertainment (OTCMKTS:UBSFY) Cut to Hold at Stifel Nicolaus

Stifel Nicolaus lowered shares of Ubisoft Entertainment (OTCMKTS:UBSFY) from a buy rating to a hold rating in a research report sent to investors on Wednesday, Marketbeat reports.

A number of other equities analysts have also weighed in on UBSFY. Citigroup raised shares of Ubisoft Entertainment to a “strong-buy” rating in a research note on Thursday, September 26th. UBS Group raised Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 8th. Sanford C. Bernstein upgraded Ubisoft Entertainment from an “underperform” rating to a “market perform” rating in a report on Monday, October 7th. Cantor Fitzgerald restated a “neutral” rating on shares of Ubisoft Entertainment in a research note on Monday, September 9th. Finally, Barclays raised shares of Ubisoft Entertainment to a “hold” rating in a research note on Friday, September 27th. Ten analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Ubisoft Entertainment Trading Down 0.4 %

Shares of UBSFY opened at $2.54 on Wednesday. The firm’s 50 day moving average price is $2.73 and its two-hundred day moving average price is $3.40. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.15. Ubisoft Entertainment has a twelve month low of $2.03 and a twelve month high of $5.31.

Ubisoft Entertainment Company Profile

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.