TSE:7974Entertainment
Nintendo (TSE:7974) Could Be 4% Undervalued After The Hasbro Zelda Merchandise Deal
Hasbro’s new licensing partnership with Nintendo (TSE:7974) around the Legend of Zelda franchise has put fresh attention on the stock, as investors weigh what expanded merchandise could mean for Nintendo’s broader business.
See our latest analysis for Nintendo.
The Hasbro deal lands at a time when Nintendo’s short term momentum is picking up, with a 1 month share price return of 16.24% and a 7 day share price return of 9.52%. However, this follows a year to date share price decline of 28.08%...