Keep the Bouygues turbo calls

Recommended on December 3, turbo calls without code expiry 27SLC, backed by the Bouygues title, go up the slope, even if they have lost a quarter of their value.

The stock market follows a winding path, marked by successive rises and falls, despite good quarterly results recently published by the company present in telecommunications, construction, real estate and television. The group’s billings increased by 3%, supported by Bouygues Telecom (+14%). Figures above expectations, which enabled management to confirm its billing growth objectives. The two major transformations to come, the merger between M6 and TF1 (if successful) and the takeover of Equans (Engie’s multi-technical services division) should make it possible to change the stock market status of the title.

We therefore advise to keep the turbo calls.