Snam S.p.A. (SNMRF) – What Are Brokerages Thinking About This Stock?

Shares of Snam S.p.A. (OTCMKTS:SNMRF) have received a consensus rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company.

Separately, UBS Group upgraded 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 12-month low of $5.94 and a 12-month high of $8.12. The firm’s fifty day moving average price is $6.38 and its 200 day moving average price is $7.11.

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.