National Bank Financial Cuts Fiera Capital (TSE:FSZ) Price Target to C$5.00

Fiera Capital (TSE:FSZ) had its price objective trimmed by National Bank Financial from C$5.50 to C$5.00 in a research note published on Monday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

A number of other research analysts also recently weighed in on FSZ. Desjardins reduced their target price on Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a report on Monday. Royal Bank Of Canada set a C$6.00 target price on Fiera Capital and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Moderate Buy rating, According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$4.68.

Fiera Capital Trading Down 0.4%

TSE:FSZ opened at C$4.68 on Monday. The company has a 50-day moving average price of C$5.15 and a 200-day moving average price of C$5.45. The stock has a market cap of C$495.76 million, a price-to-earnings ratio of 26.00, a P/E/G ratio of -0.87 and a beta of 1.04. The company has a current ratio of 1.55, a quick ratio of 1.05 and a debt-to-equity ratio of 350.73. Fiera Capital has a 12 month low of C$4.43 and a 12 month high of C$7.02.

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