Bloomberg News

Gazprom Target Price Cut by Citigroup Inc., ‘Buy’ Maintained

February 09, 2012

Feb. 9 (Bloomberg) -- OAO Gazprom’s target price was reduced to 237.78 rubles from 306.14 rubles by Citigroup Inc., Moscow-based analyst Ronald Smith said in an emailed report.

The world’s biggest natural gas producer was reiterated a “buy” by Citigroup.

-- Editor: Marie-France Han

To contact the reporter on this story: Halia Pavliva in New York at

To contact the editor responsible for this story: Emma O’Brien at

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