TD Has Lowered Expectations for Fiera Capital (TSE:FSZ) Stock Price

Fiera Capital (TSE:FSZ) had its price target dropped by investment analysts at TD from C$5.50 to C$5.00 in a report released on Monday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD’s target price points to a potential upside of 11.36% from the stock’s current price.

FSZ has been the subject of several other reports. Royal Bank Of Canada set a C$6.00 price objective on shares of Fiera Capital and gave the stock a “sector perform” rating in a report on Tuesday, April 28th. National Bank Financial lowered their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating for the company in a report on Monday. Finally, Desjardins cut their price objective on Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a research report on Monday. One equities research analyst has rated the stock with a Moderate Buy rating, According to data from MarketBeat, Fiera Capital currently has an average rating of “Moderate Buy” and an average target price of C$4.49.

Fiera Capital Trading Down 5.5%

TSE:FSZ traded down C$0.26 during mid-day trading on Monday, reaching C$4.49. 687,886 shares of the company’s stock traded hands, compared to its average volume of 300,998. Fiera Capital has a 12-month low of C$4.43 and a 12-month high of C$7.02. 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 company has a 50 day moving average price of C$5.19 and a 200-day moving average price of C$5.48. The firm has a market capitalization of C$476.23 million, a price-to-earnings ratio of 23.63, a PEG ratio of -0.87 and a beta of 1.04.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings data on Friday, August 7th. The company reported C$0.03 earnings per share for the quarter. Fiera Capital had a return on equity of 7.80% and a net margin of 5.98%.The firm had revenue of C$155.14 million for the quarter. On average, sell-side 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.