Today’s Rating Alert: Snam SPA (OTC:SNMRY) Hit With Downgrade by Jefferies & Co, Is This a Concern?

November 28, 2016 - By Hazel Jackson

Today's Rating Alert: Snam SPA (OTC:SNMRY) Hit With Downgrade by Jefferies & Co, Is This a Concern?

Snam SPA (OTC:SNMRY) Downgrade

Jefferies & Co decreased the shares of Snam SPA (OTC:SNMRY) from a “Buy” rating to a “Hold” rating in a a note shared with investors and clients on Monday morning.

About 120 shares traded hands. SNAM SPA UNSP ADR EA REPR 2 ORD SHS (OTC:SNMRY) has declined 18.82% since April 25, 2016 and is downtrending. It has underperformed by 24.83% the S&P500.

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