(CercleFinance.com) – Oddo BHF reaffirms its ‘outperformance’ opinion on Ubisoft with a price target raised from 57 to 65 euros, highlighting a ‘revived speculative appeal following the mega-operations M&A (mergers and acquisitions) in the sector ‘.
‘These mega-operations M&A further isolate Ubisoft, whose turnover does not exceed 2.2 billion euros with low exposure to the mobile segment (8%) and the obligation to overinvest to stay in the race’, estimates the analyst.
‘The pressure is therefore strong on the leaders of Ubisoft to deliver in 2022 and thus show the interest of remaining independent. Otherwise, many predators could arise, including Vivendi and Tencent,’ he continues.
Copyright © 2022 CercleFinance.com. All rights reserved.
The information and analyzes disseminated by Cercle Finance only constitute a decision-making aid for investors. The responsibility of Cercle Finance cannot be held directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional adviser before any investment. This indicative information does not in any way constitute an incitement to sell or a solicitation to buy.
Did you like this article ? Share it with your friends with the buttons below.
