Accueil > Actualité
Actualite financiere : Actualite bourse

Ubisoft: AlphaValue still a buyer, but cuts TP

( - AlphaValue has reduced its target price for Ubisoft shares to 64.
7 euros (from 77.3 euros previously), in order to take into account the "uncertainties" that currently surround the video game group's business.

The broker explains that it had reduced its cash flow forecasts for the coming years, pending more clarity about the postponement of new releases and the development of free-to-play games, two factors that analysts believe could weigh on the share's price.

Despite this, analysts still highlight Ubisoft's competitive advantages, as it has the expertise, infrastructure and franchises needed to develop quality content in-house, they say, while renewing their buy rating on the stock.

The share is currently down about 1.5% at about 44.5 euros.

Copyright (c) 2021 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.