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Somero Enterprises, Inc. 20.9% Potential Upside Indicated by finnCap

Somero Enterprises, Inc. using EPIC/TICKER code LON:SOM had its stock rating noted as ‘Retains’ with the recommendation being set at ‘CORPORATE’ today by analysts at finnCap. Somero Enterprises, Inc. are listed in the Industrials sector within AIM. finnCap have set their target price at 205 GBX on its stock. This indicates the analyst now believes there is a potential upside of 20.9% from today’s opening price of 169.5 GBX. Over the last 30 and 90 trading days the company share price has increased 4.5 points and increased 11.5 points respectively.

 

Somero Enterprises, Inc. LON:SOM has a 50 day moving average of 163.28 GBX and a 200 Day Moving Average share price is recorded at GBX. The 52 week high for the stock is 173 GBX while the year low stock price is currently 115.6 GBX. There are currently 56,152,816 shares in issue with the average daily volume traded being 98,864. Market capitalisation for LON:SOM is £93,213,675 GBP.

 

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. Its Somero Floor Levelness System monitors Laser Screed performance, operator performance and reports alert percentages of issues.

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