Redeye Initiates Coverage of Media and Games Invest
2021-03-08 08:05:00
Redeye initiates coverage of Media and Games Invest with a positive stance on this strong organic growth story bolstered by M&A. Although the share has rallied strongly since the autumn, we judge that investors have yet to fully recognize how transformative the acquisition of KingsIsle Entertainment will prove, nor how substantial MGI’s synergies and media strength are – but see good scope for the resulting valuation gap to close this year.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/