GBC raises Somec price target to EUR 26.95 from EUR 22.70

Bitget2026/10/22 08:30

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GBC raised Somec’s price target to EUR 26.95 from EUR 22.70, maintaining its Buy rating in research dated October 22, 2026.
The target horizon moved to December 31, 2027; higher earnings forecasts drove the increase, partly offset by higher capital costs.
GBC raised its 2028 revenue forecast to EUR 408.54 million and its EBITDA estimate to EUR 42.09 million.
The 2026 revenue forecast fell to EUR 375.13 million from EUR 379.94 million; expected EBITDA remained EUR 36.25 million.
A record order book exceeding EUR 1.1 billion supported the higher longer-term forecasts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Somec S.p.A. published the original content used to generate this news brief via EQS News (Ref. ID: rc_27150) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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GBC raises Somec price target to EUR 26.95 from EUR 22.70

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