Solium Capital Inc. (SUM) Given New C$11.50 Price Target at CIBC
Solium Capital Inc. (TSE:SUM) had its price target boosted by investment analysts at CIBC from C$10.50 to C$11.50 in a research note issued to investors on Thursday. CIBC’s target price indicates a potential upside of 6.68% from the company’s previous close.
Separately, National Bank Financial reiterated an “outperform overweight” rating on shares of Solium Capital in a research report on Thursday, September 14th.
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In other Solium Capital news, insider Janice Webster sold 8,827 shares of the business’s stock in a transaction on Friday, August 25th. The shares were sold at an average price of C$10.25, for a total transaction of C$90,476.75. Insiders have sold a total of 11,746 shares of company stock worth $120,688 in the last quarter.
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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