ITALGAS loses on its star level and is downgraded to Slightly Positive
The independent financial analyst theScreener just slightly lowered the general evaluation of ITALGAS (IT), active in the Gas Distribution industry. The title has lost a star(s) at the fundamental level and now shows 2 out of 4 stars. Its exposure to market risk remains nonetheless the same and can be still described as defensive. theScreener slightly downgrades the general evaluation to Slightly Positive for the title on account of the lost star(s). As of the analysis date March 25, 2022, the closing price was EUR 5.67 and its potential was estimated at EUR 6.17.Italgas SpA. Italgas SpA is an Italy-based company active in the natural gas distribution. It operates a national distribution network of about 70,000 kilometers serving more than 7,5 million customers. Its services include also network monitoring, maintenance and digitalization and consume measuring. The Company is active locally.
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