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Romgaz faces transformational years ahead, but stock growth potential is limited in the short term - Wood&Co report
Romania’s state-backed gas giant Romgaz (BVB: SNG) is standing at a crossroads that could reshape its future, according to a new analysis by investment bank Wood&Company published on BVB Research Hub.
Andrei Chirileasa · Journalist
· Updated · 3 min read
Romania’s state-backed gas giant Romgaz (BVB: SNG) is standing at a crossroads that could reshape its future, according to a new analysis by investment bank Wood&Company published on BVB Research Hub.
The firm maintained its “Hold” recommendation on Romgaz shares, with a raised price target of RON 8.2, slightly below the current share price of RON 8.45. Year-to-date, Romgaz’s shares have gained 64%, more than double the 27% increase recorded by the Bucharest Stock Exchange’s BET index.
