(AOF) – Ubisoft (-1.72% to 28.50 euros) shows one of the biggest drops in the SBF 120 index while Morgan Stanley has started monitoring the action with an online weighting recommendation and a target price of 31.50 euros. The analyst says the company has multiple, overlapping opportunities to increase its exposure to the fastest-growing segments of the gaming industry, expand its geographic footprint, increase its margins and improve the quality and consistency of its results. .
The broker also appreciates Ubisoft’s 200 million euro savings plan, the costs of which are higher than those of its American competitors.
However, the broker prefers to “stay on the sidelines for the moment” because the group’s recent achievements are mediocre and the market is very competitive.
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