GTT stock rises after Berenberg and Barclays calls

Published on 09/04/2026 at 17:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GTT stock gains after fresh broker support on September 4, 2026. Berenberg lifted its view to buy and Barclays started coverage with overweight.

LNG-Tanker mit sphärischen Kuppeln am Terminal in der Abenddämmerung — Gaztransport & Technigaz SA (FR0011726835): LNG-Tanker mit Membrantank-Kuppeln liegt abends am Terminal an, Illustration mit AI erstellt.

GTT stock (FR0011726835) gained after two broker updates on September 4, 2026, with TradingView carrying Dow Jones Newswires data that showed Berenberg lifting its target to EUR 245 from EUR 190 and the share up 3.17 percent. The move came alongside a Reuters-listed Paris market roundup that flagged the same Berenberg upgrade and Barclays coverage start.

Broker support sets the tone

According to Dow Jones Newswires via TradingView, Berenberg raised its price target to EUR 245.00 from EUR 190.00 on September 4, 2026. That is a EUR 55.00 increase, or 28.9 percent.

Reuters, via Boursorama, said Berenberg moved GTT to buy from hold while Barclays started coverage at overweight on the same day. The two calls give the stock a clear catalyst at a time when investors are also pricing in higher LNG carrier order flow.

Guidance stays in view

Investing.com reported on September 4, 2026 that Barclays expects GTT revenue to grow at an 8.8 percent compound annual rate from 2025 to 2028, with adjusted EBITDA margins at 66 to 67 percent. The same report said Barclays sees 2028 revenue at EUR 1.03 billion, about 19 percent above consensus, and 2028 EBIT at EUR 658 million, about 16 percent above consensus.

That comparison matters because it frames the broker upgrade as more than a short-term call. It also points to a gap between current consensus and the long-term order and earnings model now being used by the banks.

Digital shipping adds scale

Investing.com said GTT Marine, the digital shipping unit built around Ascenz Marorka, Vessel Performance Solutions and Danelec, accounted for about 8 percent of first-half 2026 sales. The same source put the Danelec acquisition at EUR 194 million in 2025, making the division a visible recurring-revenue layer inside the group.

For investors, that 8 percent share is the detail to watch next to the LNG carrier cycle. It shows why broker notes are increasingly linking GTT not only to ship orders but also to software and services.

Stock and valuation

As of September 4, 2026, GTT traded at EUR 214.60 on Euronext Paris, up 3.17 percent, with the previous close at EUR 208.00 and the shares up 37.04 percent year to date according to Zonebourse. The latest broker move leaves the stock below the EUR 245.00 target, but clearly higher than the last close.