The object seem very reddened and look like a nova. The spectrum was obtained on Apr. 23.032 UT with a LISA spectrograph on a 0.28-telescope (resolution 0.7 nm, range 380-715 nm, from Castanet Observatory, France). Expsoure 7 x 300 s.

See also at website URL: http://www.astrosurf.com/buil/nova_sgr2012/obs.htm
The object is bright (R mag near 9.5) and easy to observe with LISA or LHIRES (150-1200 l/mm) type spectrograph.
Christian Buil