DGAP-News: Your Family Entertainment AG
/ Key word(s): Research Update
Corporate News Your Family Entertainment AG (WKN A161N1; ISIN DE000A161N14)
Your Family Entertainment AG confirms WARBURG RESEARCH's expectations with 2020 year-end results In the update report to its research study published in May 2021, independent Warburg Research analysts confirm a price target of EUR 1.40 and highlight additional price upside potential based on the value of IP rights: "The size of the film library in the area of children's and family programmes also remains of great importance. This applies not only to deliveries to existing customers, but also to the basic equipment of new players. This aspect is important, as the DCF valuation (WRe) does notinclude the strategic value for a potential rights buyer, which would be far more closely aligned with the value of the film rights (i.e. historical production costs EUR 11.50 per share)", concludes Warburg Research. The research update is now available on the Your Family Entertainment AG website at (Investor Relations section): https://www.yfe.tv/en/ir/research-analysis About Your Family Entertainment AG
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12.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Your Family Entertainment AG |
Nordendstr. 64 | |
80801 München | |
Germany | |
Phone: | +49 (0)89 997 271-0 |
Fax: | +49 (0)89 997 271-91 |
E-mail: | ir@yfe.tv |
Internet: | www.yfe.tv |
ISIN: | DE000A161N14 |
WKN: | A161N1 |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart |
EQS News ID: | 1195849 |
End of News | DGAP News Service |