Ubisoft: Bryan Garnier maintains 'Sell' rating
(CercleFinance.com) - An analyst at Bryan Garnier said on Tuesday morning that he is maintaining his "Sell" rating on the Ubisoft share, along with his fair value of 65 euros, despite "a great E3 press conference again this year.
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Bryan Garnier said that it was convinced by the Assassin's Creed Odyssey, The Division 2 and Skull & Bones games, even though Ubisoft could not create a "wow effect" because of leaks in recent weeks.
"We are unable to find any upside potential to the current share price," the analyst said.
Copyright (c) 2018 CercleFinance.com. 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.
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Bryan Garnier said that it was convinced by the Assassin's Creed Odyssey, The Division 2 and Skull & Bones games, even though Ubisoft could not create a "wow effect" because of leaks in recent weeks.
"We are unable to find any upside potential to the current share price," the analyst said.
Copyright (c) 2018 CercleFinance.com. 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.