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UBS has revised its price target for Ubisoft, lowering it to €13.75 from €14.5, while maintaining a Neutral rating due to disappointing first-half results. The company reiterated its fiscal year forecasts, expecting net bookings of approximately €1.95 billion and near breakeven for non-IFRS operating income and free cash flow for the 2024-25 financial year.
UBS has revised its price target for Ubisoft, with the analysis published by BOURSORAMA on October 31, 2024. BOURSORAMA, acting solely as a distribution channel, emphasizes that it has no involvement in the analysis preparation and maintains a conflict of interest management policy to ensure objectivity. The information provided is for informational purposes only and does not carry contractual value.
UBS has raised its recommendation for Ubisoft, as reported by Cercle Finance and published by BOURSORAMA. The analysis is provided for informational purposes only, with BOURSORAMA disclaiming any responsibility for its content and ensuring no conflicts of interest affect its objectivity. The institution adheres to strict regulations and maintains a conflict of interest management policy.
The metaverse could add $1.5 trillion to the global economy by 2030, with France poised to lead in this sector due to its skilled workforce and innovative companies. The healthcare sector is particularly dynamic, showcasing successful applications of VR and AR technologies that enhance patient care. However, achieving large-scale development requires significant investment and collaboration among various stakeholders.
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