Getlink Shares Continue Their Rebound at Closing, Boosted by ERTMS Project
The shares of the Channel Tunnel operator closed the session on Friday, January 16 at €16.18, up 1.51% from the previous day. The stock is consolidating its recovery that began several weeks ago.
Market Performance and Technical Analysis
Getlink's stock closed this Friday's session at €16.18, marking an increase of 1.51% compared to its previous closing price of €15.94. This rise is part of a gradual rebound observed over several weeks, despite a slight weekly decline of 0.43%. Over three months, the stock shows a positive performance of 3.92%, supported by an improvement in market sentiment. Technically, the price remains slightly above its 200-day moving average of €16.03, confirming a generally constructive underlying trend. The neutral RSI at 52 currently indicates no tension or signs of overheating, but rather a balance between buyers and sellers. The stock is also just below its major resistance threshold at €16.53, a key level whose breach could pave the way for a new upward stage.
Analyst Opinions Remain Mixed
Analysts are divided on the stock. Morgan Stanley has set a target price of €18.20 with an overweight recommendation, representing a potential upside of 12% from the current price, while Bank of America has recently rated the stock as underperform. UBS, on the other hand, maintains a neutral stance with a target price of €16.80, close to the current level. The release of the 2025 revenue figures scheduled for January 22 will be closely watched to confirm the group's trajectory.
