Somero Enterprises (LON:SOM) had its price target hoisted by analysts at FinnCap from GBX 350 ($4.68) to GBX 420 ($5.62) in a research report issued to clients and investors on Monday. The brokerage presently has a “corporate” rating on the stock. FinnCap’s price objective would suggest a potential upside of 27.85% from the stock’s current price.
Shares of Somero Enterprises (SOM) opened at GBX 328.50 ($4.39) on Monday. Somero Enterprises has a twelve month low of GBX 209.46 ($2.80) and a twelve month high of GBX 342 ($4.57). The company has a market capitalization of $184.53 and a price-to-earnings ratio of 1,493.18.
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About Somero Enterprises
Somero Enterprises, Inc is a manufacturer of laser-guided equipment. The Company’s equipment automates the process of spreading and leveling volumes of concrete for commercial flooring and other horizontal surfaces, such as paved parking lots in North America. The Company’s products include S-22E, S-15R, S-15M, STS-11M, S-840, S-485, CopperHead XD 3.0, Mini Screed C, PowerRake 3.0, 3-D Profiler and SiteShape.
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