Snam S.p.A. (OTCMKTS:SNMRF) Stock Rated “Hold” by Sell-Side Analysts

Snam S.p.A. (OTCMKTS:SNMRF) has been assigned a consensus rating of “Hold” from the six research firms that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company.

Separately, UBS Group upgraded shares of Snam to a “buy” rating in a research note on Thursday, September 10th.

Snam Price Performance

Snam stock opened at $6.22 on Monday. Snam has a one year low of $5.94 and a one year high of $8.12. The stock’s 50 day moving average price is $6.42 and its 200 day moving average price is $7.12.

Snam Company Profile

Snam S.p.A. is an Italian energy infrastructure company that develops, owns and manages assets used to transport, store and import natural gas. Its activities include gas transmission and dispatching, underground storage, and the operation of liquefied natural gas regasification facilities. The company provides infrastructure and related services to support the security and flexibility of energy supplies.

Headquartered in San Donato Milanese, Italy, Snam operates primarily in Italy through its gas transmission network, storage facilities and regasification activities.