Getlink SE (OTCMKTS:GRPTF) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Getlink SE (OTCMKTS:GRPTFGet Rating) have been assigned an average rating of “Hold” from the six research firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $15.17.

Several equities research analysts have recently weighed in on GRPTF shares. Royal Bank of Canada increased their price objective on shares of Getlink from €10.00 ($10.42) to €10.50 ($10.94) and gave the stock an “underperform” rating in a research report on Thursday, June 9th. HSBC cut shares of Getlink from a “buy” rating to a “hold” rating in a research report on Monday, April 18th. They noted that the move was a valuation call. The Goldman Sachs Group cut shares of Getlink from a “buy” rating to a “neutral” rating in a report on Tuesday, May 24th. Barclays lifted their target price on Getlink from €16.00 ($16.67) to €18.00 ($18.75) in a research report on Friday, April 22nd. Finally, Morgan Stanley dropped their target price on shares of Getlink from €17.50 ($18.23) to €17.00 ($17.71) and set an “equal weight” rating on the stock in a research report on Wednesday.

OTCMKTS:GRPTF opened at $18.08 on Friday. Getlink has a one year low of $14.80 and a one year high of $19.14. The firm’s 50 day simple moving average is $18.18 and its 200 day simple moving average is $16.54.

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.

Further Reading

Analyst Recommendations for Getlink (OTCMKTS:GRPTF)

Want More Great Investing Ideas?

Receive News & Ratings for Getlink Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Getlink and related companies with MarketBeat.com's FREE daily email newsletter.