Ubisoft Entertainment (OTCMKTS:UBSFY) Receives New Price Target of €45.00 for Goldman Sachs Group

Ubisoft Entertainment (OTCMKTS:UBSFY – Get a rating) had its price target raised by the Goldman Sachs Group from €40.00 ($43.01) to €45.00 ($48.39) in a research report released Friday to clients and investors, reports The Fly. The brokerage currently has a “sell” rating on the stock.

UBSFY has been the subject of a number of other research reports. Barclays raised its price target on Ubisoft Entertainment shares from €38.10 ($40.97) to €40.00 ($43.01) and gave the stock an “equal weight” rating in a Friday May 13 research note. Zacks Investment Research upgraded Ubisoft Entertainment from a “sell” rating to a “hold” rating in a report released on Friday. Benchmark moved Ubisoft Entertainment from a “sell” rating to a “hold” rating in a Tuesday, February 22 research note. JPMorgan Chase & Co. cut its price target on Ubisoft Entertainment from €55.00 ($59.14) to €53.00 ($56.99) and set an “overweight” rating for the company in a Friday, May 13 research report. Finally, Societe Generale raised its price target on Ubisoft Entertainment from €55.30 ($59.46) to €59.00 ($63.44) and gave the company a “buy” rating in a report. research on Thursday, June 2. One analyst rated the stock with a sell rating, four gave the stock a hold rating, and six gave the stock a buy rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $51.17.

UBSFY shares opened at $9.81 on Friday. Ubisoft Entertainment has a 12-month low of $7.36 and a 12-month high of $14.60. The company has a quick ratio of 2.18, a current ratio of 2.24 and a debt ratio of 1.09. The company’s 50-day moving average price is $9.21 and its 200-day moving average price is $9.70.

About Ubisoft Entertainment (Get a rating)

Ubisoft Entertainment SA produces, publishes and distributes video games for consoles, PCs, smartphones and tablets in physical and digital formats worldwide. The company designs and develops software, including scenarios, animations, games, layouts and game rules, as well as design tools and game engines.

Recommended Stories

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Ubisoft Entertainment right now?

Before you consider Ubisoft Entertainment, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes hold…and Ubisoft Entertainment wasn’t on the list.

While Ubisoft Entertainment currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here