Getlink (OTCMKTS:GRPTF) Price Target Raised to €18.00 at Barclays

Getlink (OTCMKTS:GRPTFGet Rating) had its target price boosted by research analysts at Barclays from €16.00 ($17.20) to €18.00 ($19.35) in a report issued on Friday, The Fly reports.

GRPTF has been the subject of a number of other reports. HSBC downgraded shares of Getlink from a “buy” rating to a “hold” rating in a research report on Monday. They noted that the move was a valuation call. Morgan Stanley boosted their price objective on shares of Getlink from €16.60 ($17.85) to €17.50 ($18.82) in a research note on Friday. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $17.75.

Shares of GRPTF remained flat at $$19.14 during midday trading on Friday. The company’s stock had a trading volume of 19 shares, compared to its average volume of 500. The firm has a fifty day moving average of $15.95 and a 200 day moving average of $15.76. Getlink has a 1 year low of $14.80 and a 1 year high of $19.14.

About Getlink (Get Rating)

Getlink SE engages in the design, finance, construction, and operation of fixed link infrastructure and transport system. The company operates through three segments: Eurotunnel, Europorte, and ElecLink. The Eurotunnel segment operates three tunnels of a length of approximately 50 kilometres each under the English Channel, as well as two terminals at Folkestone in the United Kingdom and the Coquelles in France.

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