Pachter: Ubisoft looking strong |
Ó
Balls-of-steel (well not really, but he is gutsy) analyst, Michael Pachter of Wedbush Morgan Securities, has indicated that he believes that Ubisoft will report earnings that are in line with, or perhaps even above, the previous estimate of $ 368.7 million.Jason Dobson of Gamasutra reports that according to data released by the NPD Group, Ubisoft's U. S. retail sales were US$168 million for the quarter. Wedbush comments that the figure is 19 percent higher than the US$ 141 million reported during the same period the year before.
Due to continued strong sales of the Xbox 360 console, strong launches of several titles for the Wii, and possible increased revenues, Wedbush Morgan maintains its buy rating and a 12-month target price of US$ 44 for Ubisoft shares.
As of Dobson's report, Ubisoft shares were selling at $36.58.
Via Gamasutra
Contact Us:
The QJ.net Network |
 |
| Site | Feed |
| QJ.NET | RSS |
| Nintendo DS | RSS |
| PlayStation 3 | RSS |
| PSP Updates | RSS |
| Wii | RSS |
| Xbox 360 | RSS |
| MMORPG | RSS |
| Personal Computer Games | RSS |
| iPhone - iPod Touch | RSS |
| QJ.NET Forums | RSS |
Add QJ.NET
User Favorites - December
User Favorites - December
Categories
Archives
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
Comments [refresh]
Ubisoft has simply been on fire as of late. I can't think of one bad game they've made this year, off the top of my head.