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OGZPY - Gazprom: Key Russian Company With Great Assets Inside
December, 29 2020 11:12 AM
PJSC Gazprom ADR
The European gas market has fully recovered from the coronavirus crisis, and gas prices are at highs since early 2019. Gazprom is a major gas exporter to Europe, which means the company is a major beneficiary of a booming gas market. Our SOTP valuation points to a fair price of USD 7.5, the upside potential is 36%. The company is currently undervalued primarily because of geopolitical risks that are rather exaggerated at the moment. For further details see:
Gazprom: Key Russian Company With Great Assets Inside
Stock Information
Company Name:
PJSC Gazprom ADR
Stock Symbol:
OGZPY
Market:
OTC
Website:
gazprom.com
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