Fiera Capital (TSE:FSZ) Given New C$5.50 Price Target at National Bank Financial

Fiera Capital (TSE:FSZ) had its target price reduced by equities research analysts at National Bank Financial from C$6.00 to C$5.50 in a research note issued on Monday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 12.47% from the stock’s previous close.

A number of other brokerages have also weighed in on FSZ. Royal Bank Of Canada set a C$6.00 price target on shares of Fiera Capital and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. Desjardins lowered their target price on Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating for the company in a report on Monday, April 27th. One analyst has rated the stock with a Moderate Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$4.89.

Fiera Capital Trading Up 4.9%

Shares of Fiera Capital stock traded up C$0.23 during trading hours on Monday, hitting C$4.89. The company’s stock had a trading volume of 203,920 shares, compared to its average volume of 293,114. The company has a market capitalization of C$518.66 million, a PE ratio of 25.74, a price-to-earnings-growth ratio of -0.87 and a beta of 1.05. The company has a debt-to-equity ratio of 344.23, a current ratio of 21.93 and a quick ratio of 1.05. The stock has a 50 day moving average of C$5.29 and a 200 day moving average of C$5.56. Fiera Capital has a 12 month low of C$4.59 and a 12 month high of C$7.02.

Fiera Capital (TSE:FSZ) last released its quarterly earnings data on Friday, May 8th. The company reported C$0.21 earnings per share for the quarter. Fiera Capital had a return on equity of 7.80% and a net margin of 5.98%.The business had revenue of C$153.31 million for the quarter. 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.