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Getlink: with 'unsurprising' sales, Oddo still a buyer

(CercleFinance.com) - On Thursday morning, an analyst at Oddo BHF confirmed his "buy" rating on the Getlink share, even after the group reported Q4 revenue that is down 3.
9%, which does not come as a surprise.

Unsurprisingly, performance was penalised by shuttles (-3.8%), while its rail network resisted better (-1.4%), despite a 5.2% drop in traffic over the quarter. Overall, FY sales are almost flat, driven by the rail network, the broker notes.

Still a buyer of the share Oddo BHF also confirms its target price of 19.10 euros, representing upside potential of about 23%.


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