Ubisoft Entertainment (OTCMKTS:UBSFY) Lifted to Strong-Buy at Citigroup

Citigroup upgraded shares of Ubisoft Entertainment (OTCMKTS:UBSFY) to a strong-buy rating in a research note released on Thursday morning, Zacks.com reports.

Several other research firms have also commented on UBSFY. Deutsche Bank Aktiengesellschaft lowered shares of Ubisoft Entertainment from a buy rating to a hold rating in a research report on Thursday. Cantor Fitzgerald reissued a neutral rating on shares of Ubisoft Entertainment in a research report on Monday, September 9th. Jefferies Financial Group upgraded shares of Ubisoft Entertainment from an underperform rating to a buy rating in a research note on Monday, July 8th. BNP Paribas downgraded Ubisoft Entertainment from an outperform rating to a neutral rating in a report on Wednesday, September 11th. Finally, BMO Capital Markets raised shares of Ubisoft Entertainment from a market perform rating to an outperform rating in a report on Wednesday, September 18th. Five research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy.

Ubisoft Entertainment Trading Up 4.5 %

Shares of OTCMKTS UBSFY opened at $2.31 on Thursday. 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 company has a 50-day moving average of $3.41 and a 200 day moving average of $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.