GTT stock sets absolute record and targets the 230 € mark

A historic record at 224 € extending a monthly momentum of nearly 9%

GTT reached 224.00 € during trading this Thursday, beating its previous all-time high of 223.80 €. The current price has pulled back slightly from this intraday peak, but the session marks a historic breakthrough that the stock had never previously achieved. Over one month, the gain exceeds 8.5%, and over one year, the increase approaches 43%, testifying to a solidly anchored underlying trend.

This movement is part of a favorable environment for LNG. The two new offerings presented on September 15 by GTT Energy, the unit dedicated to containment systems and energy management, aimed at methane carriers and the LNG container ship segment, have helped strengthen the group's commercial visibility. Meanwhile, European TTF gas is trading around levels close to its 2022 peaks, with the crisis surrounding the Strait of Hormuz weighing on methane carrier flows and keeping energy prices under pressure as winter approaches.

Analyst ratings revised upward that reinforce the stock's trajectory

Two brokerage firms recently adjusted their views on GTT: Oddo BHF on Sunday, September 15 and CIC Market Solutions on Wednesday, September 16. Oddo BHF raised its price target on Wednesday from 240 to 260 euros, while maintaining its rating at "outperform," representing approximately 16% upside potential from the current price. CIC Market Solutions for its part maintains a buy rating with a target of 238 euros. On fundamentals, GTT confirmed when publishing its first-half 2026 results (on July 28, 2026) its annual targets, based on an order book of 1.9 billion euros.

The group noted at that time strong visibility on its revenue for the fiscal year, driven in particular by 37 Mtpa of new investment decisions in natural gas liquefaction units. Technically, the stock is trading well above its three moving averages (20-day MA at 211.86 €, 50-day MA at 201.65 €, 200-day MA at 191.74 €), with an RSI at 67 signaling moderate overbought conditions without reaching extreme zones. The next prospective benchmark to monitor remains the psychological level of 230 euros.