Italgas (ITGGF) Expected to Post Earnings on Monday

Italgas (OTCMKTS:ITGGFGet Free Report) is anticipated to issue its resultson Monday, July 27th. Analysts expect Italgas to post earnings of $0.2233 per share and revenue of $761.0610 million for the quarter.

Italgas Stock Performance

Shares of OTCMKTS:ITGGF opened at $11.50 on Friday. Italgas has a 52 week low of $8.23 and a 52 week high of $13.38. The firm’s 50 day moving average is $11.71 and its two-hundred day moving average is $11.84.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Citigroup upgraded shares of Italgas from a “neutral” rating to a “buy” rating in a research report on Tuesday, June 9th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Italgas in a report on Tuesday, June 30th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Italgas has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on Italgas

Italgas Company Profile

(Get Free Report)

Italgas S.p.A. is one of Europe’s leading operators in the regulated natural gas distribution sector. Through its network of concessions, the company designs, constructs and manages pipelines, metering stations and related infrastructure to deliver safe, efficient gas supply to residential, commercial and industrial end users. Its core business activities include network maintenance, emergency response services, and meter installation and management, all under long-term regulated tariffs set by national authorities.

Established in Turin in 1837, Italgas is among the oldest gas distribution companies in Europe.

Further Reading

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