Snam stock: Equita cuts target from EUR 7.10 to EUR 6.60

Published on 10/20/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Snam reports third-quarter results on November 11, 2026. Snam stock costs EUR 5.83 on October 20, 2026, plus 0.62 percent versus the Xetra close.

Analyst view and trading data

Equita cut Snam's target from EUR 7.10 to EUR 6.60 on October 7, 2026.
Snam's next interim report is scheduled for November 11, 2026.
Snam stock costs EUR 5.83 at Lang & Schwarz on October 20, 2026 at 4:04 p.m. CEST, 0.62 percent above the Xetra close of October 19, 2026 and 15.14 percent below the 52-week high.

Aquarellmalerei einer italienischen Vorortstadt mit Bürogebäuden — Snam S.p.A. (IT0003153415) hat Sitz in San Donato Milanese, dargestellt als sanftes Aquarell einer Stadtlandschaft, Illustration mit AI erstellt.

On October 7, 2026, Equita cut its target for Snam from EUR 7.10 to EUR 6.60 and reiterated a Buy rating, according to Teleborsa. The new target is 13.21 percent above the Lang & Schwarz price of EUR 5.83. Snam was trading at EUR 5.83 at Lang & Schwarz on October 20, 2026 at 4:04 p.m. CEST, up 0.62 percent versus the Xetra close of October 19, 2026 at EUR 5.79.

Equita weighs rates and regulation

Teleborsa reported that Equita linked the target reduction to higher interest rates and retained its positive view on Snam. The broker also pointed to greater visibility on the 2028 regulatory review and potential non-core asset sales of up to EUR 1.60 billion.

The analyst view leaves a measurable gap between the market quotation and the target. At EUR 6.60, the target stands 13.21 percent above the Lang & Schwarz price, while the target cut from EUR 7.10 amounts to 7.04 percent.

Stock stays below its yearly high

Snam's 52-week range was EUR 5.29 to EUR 6.87 as of October 20, 2026. The Lang & Schwarz price sat 15.14 percent below the high and 10.21 percent above the low. Snam's market capitalization was EUR 19.6 billion, while its price-to-earnings ratio was 17.18.

Results date and financial base

Snam schedules its interim financial report for the period ended September 30, 2026 for November 11, 2026. Its investor-relations page lists fiscal-year 2025 revenue of EUR 3.885 billion, adjusted net profit of EUR 1.422 billion and investments of EUR 2.758 billion.

Comparison with peers

Snam: plus 0.62 percent versus the Xetra close, price-to-earnings ratio 17.18, market capitalization EUR 19.6 billion.

Eni (Borsa Italiana, EUR): plus 1.13 percent, price-to-earnings ratio 15.53, market capitalization EUR 77.0 billion.

Terna (Borsa Italiana, EUR): plus 0.86 percent, price-to-earnings ratio 17.05, market capitalization EUR 18.8 billion.

Trading remains below the high

The analyst target, the November reporting date and the distance from the 52-week high give investors three measurable reference points for Snam. The stock's daily change remained below the 1.00 percent threshold for a directional headline.

The further course of trading is shown by the continuously updated real-time quote of Snam stock.