Ubisoft Entertainment (OTCMKTS:UBSFY) Downgraded to Hold at HSBC

Ubisoft Entertainment (OTCMKTS:UBSFY) was downgraded by equities researchers at HSBC from a “buy” rating to a “hold” rating in a report issued on Friday, Briefing.com reports.

A number of other research analysts have also weighed in on UBSFY. Citigroup upgraded shares of Ubisoft Entertainment to a “strong-buy” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft cut 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 report on Monday, September 9th. BNP Paribas lowered 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. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Ubisoft Entertainment Trading Down 1.8 %

UBSFY opened at $2.21 on Friday. The firm has a 50-day moving average price of $3.50 and a 200-day moving average price of $4.16. Ubisoft Entertainment has a twelve month low of $2.03 and a twelve month high of $6.57. The company has a current ratio of 1.51, a quick ratio of 1.50 and a debt-to-equity ratio of 1.15.

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.