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SNAM S.p.A. (0NQP) Receives a Buy from Kepler Capital

SNAM S.p.A. (0NQP) Receives a Buy from Kepler Capital

In a report released on May 9, Emanuele Oggioni from Kepler Capital maintained a Buy rating on SNAM S.p.A. (0NQP – Research Report), with a price target of €5.60. The company's shares closed last Friday at €5.09.
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According to TipRanks, Oggioni is a 3-star analyst with an average return of 2.2% and a 57.33% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SNAM S.p.A. with a €5.24 average price target, implying a 2.95% upside from current levels. In a report released on April 24, Stifel Nicolaus also maintained a Buy rating on the stock with a €5.90 price target.
The company has a one-year high of €5.18 and a one-year low of €4.11. Currently, SNAM S.p.A. has an average volume of 722.6K.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0NQP in relation to earlier this year.
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