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.
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.
Read More: Margin
Receive News & Ratings for CD Projekt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CD Projekt and related companies with MarketBeat.com's FREE daily email newsletter.