Italgas stock gains on UBS buy view and steady trading

Published on 09/08/2026 at 12:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Italgas stock is supported by a UBS buy view and a Borsa Italiana close of EUR 10.01 on September 7, 2026, while the latest half-year figures point to higher revenue and profit.

Techniker an gelber Gasdruckregelstation, Fotorealismus zu Italgas S.p.A — Italgas S.p.A. (IT0005211237) betreibt Gasnetze; Techniker prüft realistisch dargestellte Druckregelstation mit gelben Rohrleitungen, Illustration mit AI erstellt.

Italgas stock (IT0005211237) finished at EUR 10.01 on Borsa Italiana on September 7, 2026, after an official close price of EUR 10.01 and total volume of 3,324,895 shares. UBS still rates Italgas as a buy with a price target of EUR 11, which leaves the shares below that level.

Half-year figures still matter

In the latest reported half year, Italgas SpA posted revenue in the low single-digit billion euro range and a mid-single-digit percent increase versus the same period a year earlier, according to a recent market overview. Net profit also rose by a few percent year on year to several hundred million euros in the same reporting period.

The market is still reading that combination as a utility-style story: regulated cash flow, modest growth and a valuation that does not fully reflect the target-price gap. The three most visible numbers are EUR 10.01, EUR 11 and 3,324,895 shares, all tied to the September 7, 2026 market session.

Analysts keep it simple

Investing.com reported on September 7, 2026 that UBS placed Italgas among its preferred European regulated utilities with a buy rating and a price target of EUR 11. The same sector note also grouped Italgas with Elia and E.ON, which underlines how investors are still favoring network operators over more cyclical energy names.

For Italgas, that matters because the stock has been trading in a narrow range while analysts keep pointing to limited, but still visible, upside. A target of EUR 11 versus the EUR 10.01 close leaves a gap of 9.9 percent.

Gas network exposure

Italgas SpA is a gas distribution group, and that business model ties earnings to network returns, investment discipline and regulated demand rather than to commodity swings. That makes the latest half-year revenue and profit figures more relevant than a single daily move.

EUR 10.01 close

The reference price for Italgas stock is EUR 10.01 on September 7, 2026, with Borsa Italiana showing a total of 3,324,895 shares traded and EUR 33.28 million in value. The stock remains below UBS's EUR 11 target and well within its recent trading corridor.