National Bank Financial Raises Solium Capital (SUM) Price Target to C$19.15

Solium Capital (TSE:SUM) had its price target raised by National Bank Financial from C$14.00 to C$19.15 in a report issued on Monday morning. They currently have an outperform rating on the stock.

A number of other research firms have also recently issued reports on SUM. Laurentian cut Solium Capital from a buy rating to a tender rating and boosted their price objective for the company from C$14.00 to C$19.15 in a research report on Monday. Canaccord Genuity boosted their price objective on Solium Capital from C$14.00 to C$14.50 in a research report on Wednesday, November 7th. Finally, Haywood Securities boosted their price objective on Solium Capital from C$15.50 to C$17.00 in a research report on Thursday, November 8th.

Shares of SUM stock opened at C$19.12 on Monday. Solium Capital has a 12 month low of C$9.91 and a 12 month high of C$19.15. The company has a market cap of $755.87 million and a PE ratio of 390.20. The company has a debt-to-equity ratio of 7.57, a current ratio of 4.18 and a quick ratio of 4.09.

In other Solium Capital news, insider James Wulforst sold 14,400 shares of the company’s stock in a transaction on Monday, December 3rd. The stock was sold at an average price of C$12.21, for a total value of C$175,824.00.

Solium Capital Company Profile

Solium Capital Inc provides cloud-enabled services for administration, financial reporting, and compliance related to equity-based incentive plans in Canada, the United States, and internationally. The company offers Shareworks software platforms, such as Plan Admin that unifies various plans to get trusted data and timely reports; Shareworks Participant Experience, which provides a tool for participants to manage their equity plans; and Shareworks Forms Filing for achieving compliance with Section 16 SEC filing requirements.

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