Solium Capital Inc. (TSE:SUM) had its price target hoisted by Scotiabank from C$8.50 to C$9.00 in a research note issued to investors on Wednesday morning. Scotiabank currently has a sector perform rating on the stock.

A number of other research firms have also weighed in on SUM. CIBC boosted their target price on shares of Solium Capital from C$7.50 to C$9.25 in a report on Friday, November 18th. Canaccord Genuity reduced their target price on shares of Solium Capital from C$10.00 to C$8.50 in a report on Friday, November 18th.

Shares of Solium Capital (TSE:SUM) opened at 7.82 on Wednesday. The firm has a market capitalization of $392.44 million and a price-to-earnings ratio of 64.10. Solium Capital has a 12-month low of $5.76 and a 12-month high of $9.06. The firm has a 50-day moving average of $8.24 and a 200 day moving average of $7.87.

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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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