Ubisoft: no time to play yet?











Photo credit © Ubisoft


(Boursier.com) — Ubisoft rose 1.3% to 47.23 euros on Friday, at the end of a less speculative week than usual on this issue, with a modest gain of 0.5% over 5 sessions. Goldman Sachs raised its price target from 40 to 45 euros today, while remaining to ‘sell’ the title. The track of a takeover of the group does not yet seem relevant despite certain rumors which periodically return to the market. Recently, SG had raised its recommendation for the purchase of the video game publisher by targeting a price of 55.3 euros on the occasion of the announcement of the release of its ‘free-to-play’ game. Roller Champions’ on May 25…

The analyst expects Ubisoft to unveil several ‘free-to-play’ titles in fiscal year 2023 across all platforms, although it’s not yet clear which games will launch. simply states that the development of ‘XDefiant’, ‘The Division Heartland’, ‘Rainbow 6 Mobile’ and ‘The Division Mobile’ is in progress, with some games in the final stages of testing. According to him, it is nevertheless essential to invest heavily in marketing for this type of game to be a success.


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Please note that our “Rumors” section aims to echo the information circulating in the trading rooms. These rumors cannot be verified, so they should be considered with caution.



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