Desjardins Cuts Fiera Capital (TSE:FSZ) Price Target to C$5.00

Fiera Capital (TSE:FSZ) had its target price trimmed by Desjardins from C$5.50 to C$5.00 in a research report released on Monday morning,BayStreet.CA reports. The firm currently has a hold rating on the stock.

Several other brokerages have also commented on FSZ. National Bank Financial lowered their price objective on shares of Fiera Capital from C$6.00 to C$5.50 and set a “sector perform” rating on the stock in a research report on Monday, July 27th. Royal Bank Of Canada set a C$6.00 target price on shares of Fiera Capital and gave the company a “sector perform” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Moderate Buy rating, According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$4.68.

Fiera Capital Trading Down 0.4%

Shares of Fiera Capital stock opened at C$4.68 on Monday. The firm has a market cap of C$495.76 million, a PE ratio of 26.00, a P/E/G ratio of -0.87 and a beta of 1.04. Fiera Capital has a 1 year low of C$4.43 and a 1 year high of C$7.02. The company has a debt-to-equity ratio of 350.73, a current ratio of 1.55 and a quick ratio of 1.05. The stock has a fifty day moving average price of C$5.15 and a 200-day moving average price of C$5.45.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings results on Friday, August 7th. The company reported C$0.03 earnings per share for the quarter. The company had revenue of C$155.14 million for the quarter. Fiera Capital had a net margin of 5.93% and a return on equity of 7.95%. Equities research analysts anticipate that Fiera Capital will post 1.0905563 EPS 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.