Snam (OTCMKTS:SNMRY) Cut to “Hold” at Barclays

Barclays downgraded shares of Snam (OTCMKTS:SNMRYFree Report) from a strong-buy rating to a hold rating in a report issued on Wednesday,Zacks.com reports.

Separately, Citigroup cut Snam from a “hold” rating to a “strong sell” rating in a report on Friday, April 11th.

Check Out Our Latest Report on SNMRY

Snam Trading Up 0.3%

Shares of OTCMKTS:SNMRY opened at $11.87 on Wednesday. Snam has a 1 year low of $8.50 and a 1 year high of $12.13. The stock has a 50-day simple moving average of $11.22 and a 200-day simple moving average of $9.98.

Snam Company Profile

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

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