Ubisoft sees red after analyst downgrade











Photo credit © Reuters


(Boursier.com) — At the back of the SBF120, Ubisoft drops 4% to 41.5 euros at the opening of the Paris market, victim of a note from Exane BNP Paribas. The bank downgraded the video game publisher to ‘neutral’ with a target reduced from 49 to 45 euros. Despite everything, analysts remain fairly positive on the issue since, according to the ‘Bloomberg’ consensus, 17 are ‘buy’, 8 are ‘hold’ and 3 are ‘sell’. The twelve-month target is set at 53.5 euros.


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