Equita cuts target for Snam stock to EUR 6.60

Published on 10/13/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 11, 2026. Snam stock costs EUR 5.69 on October 13, 2026 at 1:08 p.m. CEST, up 0.53 percent versus the Borsa Italiana close.

Equita cut Snam's target to EUR 6.60 from EUR 7.10 and kept a Buy rating on October 7, 2026.
Snam's next interim report is scheduled for November 11, 2026.
Snam stock was EUR 5.69 at Lang & Schwarz on October 13, 2026 at 1:08 p.m. CEST, plus 0.53 percent versus the Borsa Italiana close of October 12, 2026.
Snam's market capitalization was EUR 19.1 billion and its P/E was 16.73 as of October 13, 2026.

Makroaufnahme von Metallrohr-Gewinde und Ventil einer Gasleitung — Snam S.p.A. (IT0003153415) transportiert Erdgas, gezeigt in dieser Makroaufnahme von metallischem Rohrgewinde und Ventilstruktur, Illustration mit AI erstellt.

Equita cut its target for Snam stock to EUR 6.60 from EUR 7.10 and reiterated a Buy rating on October 7, 2026, according to Teleborsa. The new target is 15.99 percent above the EUR 5.69 price at Lang & Schwarz. Snam was trading at EUR 5.69 on October 13, 2026 at 1:08 p.m. CEST, up 0.53 percent versus the Borsa Italiana close of October 12, 2026.

Results date is November 11

Snam's next interim financial report is scheduled for November 11, 2026, according to the company's Investor Relations calendar. The release will cover the period ending September 30, 2026 and will include a resolution on the interim 2026 dividend.

Stock sits below its yearly high

The Lang & Schwarz price of EUR 5.69 stood between the 52-week low of EUR 5.11 and high of EUR 6.87 on October 13, 2026. It was 17.18 percent below the high, while the current market capitalization was EUR 19.1 billion and trading volume was 1,215,631 shares.

Valuation stays near peer levels

Snam's P/E was 16.73 as of October 13, 2026. That places the company above Italgas at 10.00 and below Terna at 16.88, making the peer comparison more relevant than the absolute multiple alone.

Comparison with peers

Snam (Borsa Italiana, EUR): plus 0.53 percent, P/E 16.73, market capitalization EUR 19.1 billion
Italgas (Borsa Italiana, EUR): plus 0.46 percent, P/E 10.00, market capitalization EUR 8.4 billion
Terna (Borsa Italiana, EUR): plus 1.22 percent, P/E 16.88, market capitalization EUR 18.6 billion

Target gap remains measurable

Equita's revised target leaves a clear numerical gap to the market price, but the target was reduced by EUR 0.50 from EUR 7.10. The next scheduled report supplies the next dated company checkpoint, with the interim dividend resolution included in the agenda.

Trading perspective

The stock's 0.53 percent gain versus the Borsa Italiana close keeps the session move below the 1.00 percent threshold typically associated with a directional price signal. The more material figures for the current setup are the EUR 6.60 Equita target, the EUR 6.87 yearly high and the November 11 reporting date. The further course of trading is shown by the continuously updated real-time quote of Snam stock.