Fiera Capital (TSE:FSZ) Price Target Cut to C$6.50 by Analysts at TD Securities

Fiera Capital (TSE:FSZ) had its price objective reduced by TD Securities from C$8.50 to C$6.50 in a research report released on Thursday,BayStreet.CA reports. They currently have a hold rating on the stock.

Other equities research analysts also recently issued research reports about the stock. CIBC lowered their price objective on shares of Fiera Capital from C$11.00 to C$9.00 and set a “neutral” rating on the stock in a research note on Thursday, January 30th. BMO Capital Markets decreased their price target on shares of Fiera Capital from C$10.00 to C$9.00 in a research report on Thursday, January 30th. Scotiabank cut their price objective on shares of Fiera Capital from C$10.50 to C$10.00 in a research report on Thursday, January 30th. Finally, National Bankshares increased their target price on shares of Fiera Capital from C$8.00 to C$8.50 and gave the company an “underperform” rating in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. According to data from MarketBeat.com, Fiera Capital presently has an average rating of “Hold” and an average target price of C$7.46.

Fiera Capital Price Performance

Shares of TSE:FSZ opened at C$6.40 on Thursday. The company has a quick ratio of 1.05, a current ratio of 1.31 and a debt-to-equity ratio of 261.73. The business has a 50 day moving average price of C$8.11 and a 200 day moving average price of C$8.50. The company has a market cap of C$692.13 million, a price-to-earnings ratio of 10.73, a PEG ratio of -0.87 and a beta of 1.64. Fiera Capital has a twelve month low of C$6.35 and a twelve month high of C$10.92.

Insider Transactions at Fiera Capital

In other news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of C$8.89, for a total value of C$93,028.60. 0.86% of the stock is owned by insiders.

About Fiera Capital

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.