Snam (OTCMKTS:SNMRY) Coverage Initiated by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft started coverage on shares of Snam (OTCMKTS:SNMRY) in a research report released on Wednesday morning, StockNewsAPI reports. The brokerage issued a buy rating on the stock.

Snam Price Performance

OTCMKTS SNMRY opened at $9.77 on Wednesday. Snam has a 1 year low of $8.76 and a 1 year high of $10.66. The business’s 50-day moving average is $9.84 and its 200 day moving average is $9.49.

About Snam

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.