GTT: Berenberg starts to monitor - says 'Buy'

(CercleFinance.com) - Berenberg has begun to cover the GTT (Gaztransport and Technigaz) share with a "buy" rating and a target price of 119 euros, which means upside potential of 24% for the share of the LNG container specialist.


"GTT offers investors a unique way to benefit from the anticipated growth in the use of liquefied natural gas within the global energy mix and the decarbonisation of maritime transport," it says.

In its comments, the broker adds that it likes the company's profile, which it says combines " good visibility, high profitability and a very strong balance sheet with an optionality on dividend".


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