UBISOFT ENTMT S/ADR (UBSFY) Expected to Post FY2020 Earnings of $0.78 Per Share

UBISOFT ENTMT S/ADR (UBSFY) Expected to Post FY2020 Earnings of $0.78 Per Share

UBISOFT ENTMT S/ADR (OTCMKTS:UBSFY) – Equities research analysts at Wedbush lowered their FY2020 earnings estimates for shares of UBISOFT ENTMT S/ADR in a research report issued to clients and investors on Monday, May 13th. Wedbush analyst M. Pachter now forecasts that the company will earn $0.78 per share for the year, down from their previous forecast of $0.82.

A number of other equities research analysts have also recently weighed in on UBSFY. Zacks Investment Research cut UBISOFT ENTMT S/ADR from a “buy” rating to a “hold” rating in a research note on Tuesday, February 19th. Jefferies Financial Group reaffirmed a “hold” rating on shares of UBISOFT ENTMT S/ADR in a report on Thursday, January 17th. Finally, Goldman Sachs Group initiated coverage on UBISOFT ENTMT S/ADR in a report on Wednesday, January 30th. They issued a “neutral” rating on the stock. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $21.00.

UBSFY opened at $17.25 on Thursday. UBISOFT ENTMT S/ADR has a 1-year low of $14.04 and a 1-year high of $24.55. The firm has a market capitalization of $10.11 billion, a P/E ratio of 41.07 and a beta of 1.31.

About UBISOFT ENTMT S/ADR

Ubisoft Entertainment SA engages in the production, publishing, and distribution of video games for consoles, PC, smartphones, and tablets in physical and digital formats worldwide. The company designs and develops software, including scenarios, layouts, and game rules, as well as develops design tools and game engines.

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