Gree Inc (GREZF) Raised to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of Gree Inc (NASDAQ:GREZF) from a hold rating to a buy rating in a research note published on Thursday. The firm currently has $10.00 price target on the stock.

According to Zacks, “Gree, Inc. operates as a social network service. The company’s business consists of Games, Commerce and Lifestyle, Community and Media, Advertising and Online Video as well as Investment. Gree, Inc. is headquartered in Tokyo, Japan. “

Gree (NASDAQ:GREZF) opened at 7.42 on Thursday. The firm’s 50-day moving average is $7.42 and its 200-day moving average is $7.53. Gree has a 52-week low of $5.25 and a 52-week high of $9.09. The firm has a market capitalization of $1.74 billion and a PE ratio of 15.62.

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