UBS has raised its recommendation on Getlink from 'neutral' to 'buy', with a price target raised from 17.7 to 18.5 euros, a new target that offers 18% growth potential for the shares of the infrastructure group operating the Channel Tunnel.

The pullback in the share price following the announcement of the early French elections offers an interesting opportunity; we see a potential inflection in the growth of the commuter and rail sectors in the medium term", explains the broker.

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