Somero Enterprises’ (SOM) Buy Rating Reiterated at Canaccord Genuity
Canaccord Genuity reissued their buy rating on shares of Somero Enterprises, Inc. (LON:SOM) in a research note issued to investors on Tuesday. They currently have a GBX 200 ($2.61) price target on the stock.
Separately, FinnCap reaffirmed a corporate rating on shares of Somero Enterprises in a report on Tuesday, July 12th.
Shares of Somero Enterprises (LON:SOM) opened at 186.95 on Tuesday. The stock’s market cap is GBX 105.07 million. Somero Enterprises has a 12 month low of GBX 115.60 and a 12 month high of GBX 190.00. The firm has a 50-day moving average price of GBX 166.47 and a 200-day moving average price of GBX 158.46.
The business also recently announced 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. The ex-dividend date is Thursday, September 29th. This represents a yield of 1.04%.
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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