Getlink: Barclays reduces target price

(CercleFinance.com) - Barclays lowered its target price for Getlink shares from 18 euros to 16 euros on Monday, while maintaining its "equal weight" rating.


In a report on the European infrastructure sector today, the broker pointed out that the Channel Tunnel operator's traffic recovery was not confirmed at the end of the year last year.

On a sequential basis, the number of truck and passenger vehicle commuters even weakened sequentially in Q4, it notes, with figures still below those prevailing before Brexit and the pandemic.


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