Investment Experts Give Favorable Forecasts On Gazprom

Gazprom stock may continue rising, investment experts said in an interview with RBC today. In their opinion, the market is currently disposed toward a rally, and traders are inclined to buy the securities of Russia's gas monopolist. External factors may also make a positive impact on Gazprom shares, as the world financial markets are consolidating over the expectations of the further increase in stock indices. The experts said that a long-term share price growth requires the solution of several strategic problems. For example, the liberalization of Gazprom equity trade and the floating of its shares on MICEX. The experts also mentioned such aspect as favorable forecasts on Gazprom's corporate news, which is expected to be good and positively affect Gazprom stock until the end of winter.

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Author`s name Editorial Team