Fiera Capital (TSE:FSZ) Price Target Cut to C$6.00 by Analysts at TD Securities

Fiera Capital (TSE:FSZ) had its price target trimmed by TD Securities from C$6.50 to C$6.00 in a research report sent to investors on Friday morning,BayStreet.CA reports. The firm currently has a hold rating on the stock.

Other research analysts have also issued reports about the company. Desjardins reduced their price target on Fiera Capital from C$6.75 to C$6.50 and set a “hold” rating on the stock in a research report on Tuesday, February 3rd. National Bank Financial cut their target price on Fiera Capital from C$7.50 to C$7.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 4th.

Fiera Capital Trading Up 1.6%

Shares of FSZ traded up C$0.09 on Friday, reaching C$5.84. 686,733 shares of the company’s stock were exchanged, compared to its average volume of 325,499. The company has a current ratio of 1.31, a quick ratio of 1.05 and a debt-to-equity ratio of 261.73. The stock has a market capitalization of C$622.68 million, a P/E ratio of 21.63, a price-to-earnings-growth ratio of -0.87 and a beta of 1.25. The business has a 50 day moving average price of C$6.02 and a two-hundred day moving average price of C$6.25. Fiera Capital has a 12 month low of C$5.50 and a 12 month high of C$7.17.

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.