Somero Enterprises, Inc. (SOM) Rating Reiterated by Canaccord Genuity
Somero Enterprises, Inc. (LON:SOM)‘s stock had its “buy” rating reaffirmed by research analysts at Canaccord Genuity in a research report issued to clients and investors on Tuesday. They presently have a GBX 200 ($2.61) target price on the stock. Canaccord Genuity’s target price would indicate a potential upside of 8.11% from the company’s current price.
Separately, FinnCap reiterated a “corporate” rating and issued a GBX 205 ($2.68) target price on shares of Somero Enterprises in a research report on Tuesday, September 6th.
Shares of Somero Enterprises (LON:SOM) opened at 186.1842 on Tuesday. Somero Enterprises has a one year low of GBX 115.60 and a one year high of GBX 190.00. The stock’s market capitalization is GBX 104.64 million. The firm’s 50-day moving average is GBX 164.89 and its 200-day moving average is GBX 157.77.
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The business also recently declared a dividend, which will be paid on Wednesday, October 19th. Shareholders of record on Thursday, September 29th will be issued a GBX 0.03 ($0.00) dividend. This represents a yield of 1.04%. The ex-dividend date is Thursday, September 29th.
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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