Embracer Group AB (publ) (OTCMKTS:THQQF) Receives $53.50 Average Target Price from Analysts

Embracer Group AB (publ) (OTCMKTS:THQQF – Get Free Report) has been assigned a consensus recommendation of “Hold” from the six ratings firms that are covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $53.50.

THQQF has been the topic of a number of recent research reports. Jefferies Financial Group began coverage on Embracer Group AB (publ) in a research note on Wednesday, July 26th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. began coverage on Embracer Group AB (publ) in a report on Thursday. They issued a “neutral” rating for the company. Finally, HSBC downgraded Embracer Group AB (publ) from a “buy” rating to a “hold” rating in a report on Wednesday, July 26th.

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Embracer Group AB (publ) Stock Down 5.8 %

THQQF stock opened at $2.60 on Thursday. Embracer Group AB has a 1 year low of $2.17 and a 1 year high of $7.78. The stock’s 50 day moving average price is $2.56 and its 200 day moving average price is $3.90.

About Embracer Group AB (publ)

(Get Free Report

Embracer Group AB (publ), together with its subsidiaries, develops and publishes PC, console, mobile, VR, and board games for the games market worldwide. The company has a catalogue of approximately 850 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory, Wreckfest, Insurgency, World War Z, and others.

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