Offensive strategy on Ubisoft via turbo calls

This Thursday, as part of our section dedicated to derivative products, we are selecting leveraged products on the video game publisher Ubisoft.

The company stood out on Thursday morning on the Paris Stock Exchange, with a gain of nearly 2.5% at the highest of the session, at 44.11 euros. The title benefited from an initiation of coverage for the purchase by Deutsche Bank, which is targeting a price of 60 euros, ie a potential gain of one third compared to the current price.

It is true that Ubisoft’s stock market journey is not a long calm river, the action having lost more than half of its value since the beginning of the year 2021. has significantly underperformed its peers explains the German broker, which has contributed to deteriorating investor confidence. Nevertheless, recent discussions around the interest of certain private equity groups in Ubisoft have helped to support the action. In addition, several levers give hope for a rise in the stock, according to Deutsche Bank, which estimates that operating profit should exceed expectations by 18%, in particular thanks to “ recent development efforts “. The release of titles such as Avatar or Skull & Bones will help the group achieve its objective of a 20% increase in its turnover for the 2022-2023 financial year.

We select turbo calls without code expiry G2VHB. These products have a knock-out barrier of 36 euros, more than 17% away from the current level of the action, for a leverage effect of almost 5.9 times.

Quotation range: 0.81–0.82 euros.