Italgas (OTCMKTS:ITGGF) Price Target Lowered to €5.40 at Barclays

Italgas (OTCMKTS:ITGGFGet Rating) had its target price lowered by Barclays from €5.90 ($6.21) to €5.40 ($5.68) in a research report released on Thursday morning, The Fly reports.

Separately, Royal Bank of Canada raised their price target on Italgas from €6.20 ($6.53) to €6.30 ($6.63) and gave the stock a sector perform rating in a research report on Monday, April 11th.

Shares of Italgas stock opened at $6.50 on Thursday. The business’s 50-day moving average price is $6.50 and its 200-day moving average price is $6.45. Italgas has a 12 month low of $6.20 and a 12 month high of $6.50.

Italgas Company Profile (Get Rating)

Italgas S.p.A., together with its subsidiaries, engages in the distribution of natural gas in Italy. It is involved in the transportation of gas through local pipeline networks from the delivery points at the reduction and measurement stations interconnected with the transport networks to the points of final delivery to households, enterprises, etc.

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