GBC AG Raises Target Price for Somec S.p.A.

GBC AG has increased its target price for Somec S.p.A. to 26.95 euros, driven by a record order backlog that enhances revenue visibility. The analysts anticipate a return to growth for the company in the medium term, leading to upward revisions in their 2028 revenue and EBITDA estimates. The recommendation to 'buy' remains unchanged.