Getlink: RBC initiates 'sector performance' coverage

(CercleFinance.com) - RBC announced on Tuesday that it had initiated coverage of Getlink shares with an opinion of 'performance in line with the sector' and a price target of 15.
5 euros.

In a research note, the Canadian brokerage said it expects 2025 to continue to be characterized, as in 2024, by a further normalization of electricity price spreads following Eleclink's successful debut, Getlink's interconnector linking France and Great Britain

With regard to Eurotunnel's business, the broker anticipates a weakening of the overcapacity situation experienced by ferries next year, but also an improvement in freight volumes due to the policy currently advocated by the British government.

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