Solium Capital Inc. (TSE:SUM) had its target price boosted by investment analysts at Scotiabank from C$7.00 to C$8.50 in a report released on Friday. The brokerage currently has a “sector perform” rating on the stock. Scotiabank’s price target indicates a potential upside of 0.83% from the company’s current price.

SUM has been the topic of a number of other research reports. Canaccord Genuity dropped their target price on Solium Capital from C$10.00 to C$8.50 in a research report on Friday. Haywood Securities reiterated a “buy” rating and issued a C$9.20 target price on shares of Solium Capital in a research report on Wednesday, August 10th. Finally, CIBC upped their target price on Solium Capital from C$7.50 to C$9.25 in a research report on Friday.

Shares of Solium Capital (TSE:SUM) opened at 8.43 on Friday. The stock has a market capitalization of $420.51 million and a price-to-earnings ratio of 71.44. The firm’s 50-day moving average is $6.89 and its 200-day moving average is $7.09. Solium Capital has a one year low of $5.76 and a one year high of $8.88.

Solium Capital Company Profile

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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