Mytilineos stock gets a EUR 65.00 target from Wood & Company

Published on 09/30/2026 at 09:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mytilineos stock draws a EUR 64.00 JPMorgan target dated September 23, 2026. H1 2026 M RESET EBITDA reached EUR 116.0 million.

Mytilineos, GRS393503008, Illustration mit AI erstellt.

Mytilineos stock has gained a fresh valuation benchmark after Wood & Company lifted its price target by 45.00 percent to EUR 65.00 on September 29, 2026. The company now presents itself as Metlen Energy & Metals, with energy and metallurgy at the center of its operating model.

Wood raises its valuation target

According to Investing.com on September 29, 2026, Wood & Company raised its target to EUR 65.00 and reiterated a Buy rating. The broker linked its view to Metlen's strategy across energy, metals, critical materials, defense, infrastructure and concessions.

The same report put M RESET EBITDA at EUR 116.0 million for H1 2026. Wood forecasts EUR 240.0 million for the full year and EUR 430.0 million by 2028, giving the target a direct connection to operating expansion rather than to a short-term trading signal.

JPMorgan sets a second benchmark

PowerGame reported on September 23, 2026 that JPMorgan began coverage with an Overweight rating and a EUR 64.00 price target. The bank's framework adds a second institutional reference point below Wood's EUR 65.00 target.

That spread is narrow, but the reasoning differs in emphasis: JPMorgan highlights the group's development pipeline and expects EBITDA to expand at an annual rate of 20.00 percent through 2028. Execution on energy, metals and infrastructure projects therefore remains central to the valuation case.

Investment strengthens aluminium platform

On September 22, 2026, METLEN announced a EUR 25.0 million strategic investment in EP.AL.ME. to strengthen its integrated aluminium value chain. The project adds an operating milestone to the analyst narrative, which depends on the company converting its industrial footprint into higher earnings quality.

Energy and metals define the group

METLEN describes itself as a global industrial and energy company covering Energy and Metallurgy. The company's Athens Stock Exchange listing uses the ticker MTLN, while its investor-relations page also displays a London listing under the same ticker.