Fiera Capital Co. (TSE:FSZ) Stock Has Consensus Price Target of C$2.76 According to Brokerages

Fiera Capital Co. (TSE:FSZ) has been given an average recommendation of “Hold” by the one analysts that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$2.76.

Several brokerages recently issued reports on FSZ. National Bank Financial decreased their price objective on Fiera Capital from C$5.00 to C$3.25 and set a “sector perform” rating for the company in a research report on Wednesday, October 28th. Scotia reduced their price target on shares of Fiera Capital from C$5.75 to C$4.25 and set a “sector perform” rating for the company in a report on Monday, October 26th. Desjardins lowered their price objective on shares of Fiera Capital from C$4.00 to C$3.00 and set a “hold” rating for the company in a research report on Tuesday, October 20th. TD dropped their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a report on Monday, August 10th. Finally, Royal Bank Of Canada cut shares of Fiera Capital from a “hold” rating to a “sector perform” rating and cut their price objective for the company from C$4.70 to C$3.25 in a research report on Friday, October 16th.

Fiera Capital Price Performance

FSZ opened at C$2.76 on Monday. The company has a quick ratio of 1.05, a current ratio of 1.55 and a debt-to-equity ratio of 350.73. Fiera Capital has a 12 month low of C$2.71 and a 12 month high of C$6.74. The company has a fifty day simple moving average of C$3.80 and a 200 day simple moving average of C$4.99. The stock has a market cap of C$292.37 million, a P/E ratio of 15.33, a P/E/G ratio of -0.87 and a beta of 0.70.

Fiera Capital (TSE:FSZ) last posted its earnings results on Friday, August 7th. The company reported C$0.21 earnings per share for the quarter. Fiera Capital had a return on equity of 7.95% and a net margin of 5.93%. The firm had revenue of C$155.14 million for the quarter. On average, research analysts expect that Fiera Capital will post 1.09 EPS for the current year.

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. 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.