Snam (OTCMKTS:SNMRY) Stock Rating Lowered by Societe Generale

Snam (OTCMKTS:SNMRYGet Free Report) was downgraded by Societe Generale from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday, reports.

Snam Price Performance

Shares of Snam stock opened at $10.21 on Thursday. The business has a 50 day simple moving average of $10.22 and a two-hundred day simple moving average of $10.46. Snam has a 12 month low of $7.62 and a 12 month high of $11.39.

About Snam

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Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure in Italy. The company operates through Transportation, Storage, Regasification, Energy Transition, and other segments. It provides natural gas transportation and dispatching services; and owns and manages LNG regasification plants.

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