Snam S.p.A. (OTCMKTS:SNMRF – Get Free Report) has been given an average rating of “Hold” by the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company.
Separately, UBS Group upgraded Snam to a “buy” rating in a research note on Thursday.
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Snam Stock Performance
Snam Company Profile
Snam S.p.A., traded over the OTC under the ticker SNMRF, is a leading European energy infrastructure company headquartered in Milan, Italy. Its core business centers on the transportation, storage and regasification of natural gas through an extensive network of high-pressure pipelines. As one of the largest gas grid operators in Europe, Snam plays a critical role in ensuring security of supply and reliable delivery of energy to industrial, commercial and residential consumers across its service regions.
The company’s primary portfolio includes the operation of an integrated network of transmission pipelines, strategic underground storage facilities and liquefied natural gas (LNG) terminals.
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