After Today’s Huge Increase, Is Somero Enterprises, Inc.’s Near-Term Analysis Positive?

 After Today's Huge Increase, Is Somero Enterprises, Inc.'s Near Term Analysis Positive?

The stock of Somero Enterprises, Inc. (LON:SOM) is a huge mover today! The stock increased 4.62% or GBX 8.5 on November 11, hitting GBX 192.5. About 133,167 shares traded hands. Somero Enterprises, Inc. (LON:SOM) has risen 18.83% since April 15, 2016 and is uptrending. It has outperformed by 12.68% the S&P500.
The move comes after 8 months positive chart setup for the GBX 112.40M company. It was reported on Nov, 11 by Barchart.com. We have GBX 327.25 PT which if reached, will make LON:SOM worth GBX 78.68 million more.

Somero Enterprises, Inc. (LON:SOM) Ratings Coverage

Out of 2 analysts covering Somero Enterprises Inc (LON:SOM), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Somero Enterprises Inc has been the topic of 12 analyst reports since October 5, 2015 according to StockzIntelligence Inc. FinnCap maintained the stock with “Corporate” rating in Monday, June 6 report. The firm has “Corporate” rating given on Tuesday, July 12 by FinnCap. The stock of Somero Enterprises, Inc. (LON:SOM) has “Corporate” rating given on Friday, January 22 by FinnCap. FinnCap maintained it with “Corporate” rating and GBX 185 target price in Monday, July 18 report. The stock has “Corporate” rating given by FinnCap on Tuesday, March 1. The firm earned “Corporate” rating on Tuesday, September 6 by FinnCap. The stock of Somero Enterprises, Inc. (LON:SOM) earned “Corporate” rating by FinnCap on Wednesday, February 10. Canaccord Genuity maintained the shares of SOM in a report on Tuesday, September 20 with “Buy” rating. As per Tuesday, March 1, the company rating was maintained by Canaccord Genuity. As per Monday, June 6, the company rating was maintained by Canaccord Genuity.

Somero Enterprises, Inc. is a manufacturer of laser-guided equipment. The company has a market cap of 112.40 million GBP. 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. It has a 10.85 P/E ratio. 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment