Solium Capital Inc. (TSE:SUM) had its price target reduced by Canaccord Genuity from C$10.00 to C$8.50 in a research report sent to investors on Friday.

Other equities research analysts have also recently issued research reports about the company. Haywood Securities reaffirmed 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 raised their target price on Solium Capital from C$8.00 to C$8.50 and gave the stock an outperform rating in a research note on Wednesday, August 10th. Finally, CIBC reduced their price objective on Solium Capital from C$8.00 to C$7.50 in a research note on Wednesday, November 9th.

Solium Capital (TSE:SUM) opened at 8.74 on Friday. The stock’s 50 day moving average price is $6.89 and its 200 day moving average price is $7.09. The company has a market capitalization of $435.97 million and a P/E ratio of 74.07. Solium Capital has a 52 week low of $5.76 and a 52 week high of $8.88.

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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