Schibsted ASA (OTCMKTS:SBSNY) Stock Rating Upgraded by UBS Group

Schibsted ASA (OTCMKTS:SBSNY) was upgraded by investment analysts at UBS Group to a “hold” rating in a research report issued on Thursday, Zacks.com reports.

Schibsted ASA Price Performance

OTCMKTS SBSNY opened at $30.80 on Thursday. Schibsted ASA has a 52-week low of $22.13 and a 52-week high of $42.90. The company has a fifty day moving average of $30.41 and a 200-day moving average of $30.25.

Schibsted ASA Company Profile

Schibsted ASA, together with its subsidiaries, operates as a media company. The company operates through Nordic Marketplaces, News Media, Delivery and Growth & Investments segments. It operates online classifieds that provide technology-based services to connect buyers and sellers, and facilitate transactions, including job offers, real estate, cars, travel, consumer goods, and others.