Getlink SE (OTCMKTS:GRPTF) Receives Average Rating of “Hold” from Analysts

Getlink SE (OTCMKTS:GRPTF – Get Rating) has earned an average recommendation of “Hold” from the six research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $17.75.

Several research firms recently weighed in on GRPTF. Morgan Stanley increased their target price on shares of Getlink from €16.60 ($17.66) to €17.50 ($18.62) in a research note on Friday, April 22nd. Barclays lifted their target price on shares of Getlink from €16.00 ($17.02) to €18.00 ($19.15) in a research note on Friday, April 22nd. Finally, HSBC cut shares of Getlink from a “buy” rating to a “hold” rating in a research note on Monday, April 18th. They noted that the move was a valuation call.

OTCMKTS GRPTF opened at $18.19 on Tuesday. The firm has a 50-day simple moving average of $17.21 and a 200 day simple moving average of $16.20. Getlink has a twelve month low of $14.80 and a twelve month high of $19.14.

Getlink Company Profile (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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