Ubisoft Entertain (UBSFY) Upgraded to “Buy” by Zacks Investment Research

Zacks Investment Research upgraded shares of Ubisoft Entertain (NASDAQ:UBSFY) from a hold rating to a buy rating in a research report sent to investors on Thursday. They currently have $17.00 price target on the stock.

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. “

Shares of Ubisoft Entertain (UBSFY) traded down 1.30% on Thursday, hitting $15.18. The company had a trading volume of 14,943 shares. Ubisoft Entertain has a 52 week low of $6.31 and a 52 week high of $15.78. The stock has a market capitalization of $8.26 billion and a PE ratio of 68.38. The firm’s 50 day moving average price is $14.60 and its 200-day moving average price is $12.17.

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