Report
EUR 12.64 For Business Accounts Only

SNAM SPA with less fundamental stars is reduced to Neutral

SNAM SPA (IT), a company active in the Gas Distribution industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date July 3, 2020, the closing price was EUR 4.39 and its expected value was estimated at EUR 4.28.
Underlying
Snam

Snam is engaged in the construction and integrated management of natural gas infrastructure. It manages the gas systems, develops infrastructure and provides integrated services for the market. Co. is also engaged in natural gas transportation, storage, regasification and urban distribution. Co. manages a national transportation network, including eight storage facilities, one regasification plant and a local distribution network.

Provider
TheScreener
TheScreener

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