Somero Enterprises (LON:SOM) had its price objective upped by equities researchers at FinnCap from GBX 450 ($6.32) to GBX 465 ($6.53) in a research report issued on Wednesday, March 14th. The brokerage presently has a “corporate” rating on the stock. FinnCap’s price target indicates a potential upside of 25.68% from the stock’s previous close.
Shares of LON SOM remained flat at $GBX 370 ($5.19) during midday trading on Wednesday. 30,421 shares of the stock were exchanged, compared to its average volume of 88,174. Somero Enterprises has a fifty-two week low of GBX 260 ($3.65) and a fifty-two week high of GBX 385 ($5.40).
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About Somero Enterprises
Somero Enterprises, Inc, together with its subsidiaries, designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment. It also offers related parts and accessories, as well as provides training services. The company's proprietary products include the CopperHead, Mini Screed C, S-840 Laser Screed, S-15R Laser Screed, S-22E Laser Screed, S-485 Laser Screed, S-940 Laser Screed, S-10A Laser Screed, and the S-158 Laser Screed machines; and STS-11M Spreader, as well as the 3-D Profiler System software, the Somero Floor Levelness System, and the SP-16 Concrete Hose Line-Pulling and Placing System.
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