Solium Capital Inc. (TSE:SUM) had its target price lowered by CIBC from C$8.00 to C$7.50 in a research note published on Wednesday morning.

Other equities research analysts have also recently issued reports about the company. Haywood Securities reiterated a buy rating and set a C$9.20 target price on shares of Solium Capital in a research note on Wednesday, August 10th. Scotiabank lifted their target price on Solium Capital from C$8.50 to C$9.00 and gave the stock an outperform rating in a research note on Friday, October 28th.

Shares of Solium Capital (TSE:SUM) opened at 7.10 on Wednesday. The firm has a market capitalization of $354.16 million and a P/E ratio of 60.17. The firm’s 50-day moving average is $6.89 and its 200-day moving average is $7.09. Solium Capital has a 52 week low of $5.76 and a 52 week high of $7.99.

About Solium Capital

Solium Capital Inc is a software-as-a-service (SaaS) company. The Company provides cloud-enabled services for global equity administration, financial reporting and compliance. The Company operates though the segment of administration of equity-based incentive and savings programs for corporations and their employees.

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