CIBC Boosts Solium Capital Inc. (SUM) Price Target to C$11.50

Solium Capital Inc. (TSE:SUM) had its price target lifted by research analysts at CIBC from C$10.50 to C$11.50 in a research note issued on Thursday, November 2nd. CIBC’s target price suggests a potential upside of 8.90% from the stock’s previous close.

Separately, National Bank Financial reiterated an “outperform overweight” rating on shares of Solium Capital in a report on Thursday, September 14th.

Solium Capital (TSE:SUM) opened at C$10.56 on Thursday. Solium Capital has a 52-week low of C$7.05 and a 52-week high of C$11.15.

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In related news, insider Janice Webster sold 8,827 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of C$10.25, for a total value of C$90,476.75. Over the last ninety days, insiders have sold 11,746 shares of company stock worth $120,688.

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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