CD Projekt (OTCMKTS:OTGLY) Rating Reiterated by Morgan Stanley

CD Projekt (OTCMKTS:OTGLY)‘s stock had its “equal weight” rating restated by analysts at Morgan Stanley in a research report issued to clients and investors on Wednesday, The Fly reports.

Other research analysts also recently issued research reports about the stock. Erste Group downgraded shares of CD Projekt from a “buy” rating to a “reduce” rating in a research note on Friday, December 18th. Berenberg Bank downgraded shares of CD Projekt from a “hold” rating to a “sell” rating in a research note on Tuesday, January 12th. Barclays reaffirmed an “underweight” rating on shares of CD Projekt in a research note on Wednesday, March 31st. Credit Suisse Group downgraded shares of CD Projekt from a “neutral” rating to an “underperform” rating in a research note on Wednesday, March 31st. Finally, Jefferies Financial Group raised shares of CD Projekt from an “underperform” rating to a “buy” rating in a research note on Monday, January 25th. Five equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold”.

CD Projekt stock opened at $12.37 on Wednesday. CD Projekt has a 52 week low of $11.64 and a 52 week high of $32.45. The firm’s 50-day simple moving average is $15.16 and its 200 day simple moving average is $20.59.

About CD Projekt

CD Projekt SA, through its subsidiaries, engages in the development and digital distribution of videogames worldwide. It operates through two segments, CD PROJEKT RED and GOG.com. The company's product portfolio comprises The Witche; The Witcher 2: Assassins of Kings; The Witcher 3: Wild Hunt, Hearts of Stone games, and Blood and Wine; Thronebreaker: The Witcher Tales; Gwent: The Witcher Card game; and Cyberpunk 2077, as well as online multiplayer games.

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Analyst Recommendations for CD Projekt (OTCMKTS:OTGLY)

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