Fiera Capital Co. (TSE:FSZ) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Fiera Capital Co. (TSE:FSZ) has been given an average recommendation of “Moderate Buy” by the zero brokerages that are presently covering the firm, MarketBeat.com reports. The average twelve-month target price among brokerages that have covered the stock in the last year is C$4.47.

Several research firms have weighed in on FSZ. Royal Bank Of Canada cut their price objective on Fiera Capital from C$6.00 to C$5.00 and set an “outperform” rating on the stock in a research report on Monday. National Bank Financial lowered their target price on Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating on the stock in a research note on Monday. TD cut their price target on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a report on Monday. Finally, Desjardins reduced their price target on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating for the company in a research report on Monday.

Trending Headlines about Fiera Capital

Here are the key news stories impacting Fiera Capital this week:

• Positive Sentiment: Royal Bank of Canada maintained an “outperform” rating, with its revised C$5.00 target implying approximately 11.4% upside from the referenced C$4.49 share price. BayStreet.CA analyst ratings
• Neutral Sentiment: Desjardins and TD retained “hold” ratings, while National Bank Financial maintained a “sector perform” recommendation. These views suggest limited near-term conviction despite the potential upside to the revised target. BayStreet.CA analyst ratings
• Negative Sentiment: All four firms lowered their Fiera Capital price targets to C$5.00. Desjardins, National Bank Financial and TD cut targets from C$5.50, while RBC reduced its target from C$6.00. The broad downward revisions indicate analysts have become more cautious about the company’s earnings outlook or asset-management operating conditions. BayStreet.CA analyst ratings

Fiera Capital Stock Down 5.9%

TSE:FSZ traded down C$0.28 on Monday, hitting C$4.47. The stock had a trading volume of 823,534 shares, compared to its average volume of 301,445. Fiera Capital has a 1 year low of C$4.43 and a 1 year high of C$7.02. The firm’s fifty day simple moving average is C$5.19 and its two-hundred day simple moving average is C$5.48. The company has a debt-to-equity ratio of 344.23, a quick ratio of 1.05 and a current ratio of 21.93. The stock has a market cap of C$474.11 million, a P/E ratio of 23.53, a price-to-earnings-growth ratio of -0.87 and a beta of 1.04.

Fiera Capital (TSE:FSZ) last announced its earnings results on Friday, August 7th. The company reported C$0.03 earnings per share for the quarter. The firm had revenue of C$155.14 million for the quarter. Fiera Capital had a return on equity of 7.80% and a net margin of 5.98%. Analysts predict that Fiera Capital will post 1.0905563 earnings per share for the current year.

Fiera Capital Company Profile

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients. It invests in the public equity and fixed income markets across the globe with a focus on Canada. The firm primarily invests in growth and value stocks of small-cap companies.