Fiera Capital (OTCMKTS:FRRPF) Trading 1.7% Higher – Here’s What Happened

Shares of Fiera Capital Co. (OTCMKTS:FRRPF) rose 1.7% during mid-day trading on Thursday . The company traded as high as $3.7350 and last traded at $3.7350. Approximately 802 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 16,261 shares. The stock had previously closed at $3.6720.

Analysts Set New Price Targets

A number of brokerages have recently commented on FRRPF. Desjardins reissued a “hold” rating on shares of Fiera Capital in a research report on Monday, April 27th. Royal Bank Of Canada assumed coverage on shares of Fiera Capital in a report on Monday, April 27th. They issued a “sector perform” rating on the stock. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Fiera Capital in a research note on Monday, May 11th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Fiera Capital presently has an average rating of “Hold”.

Fiera Capital Price Performance

The business has a 50-day moving average of $3.89 and a 200-day moving average of $4.09.

About Fiera Capital

Fiera Capital is an independent global asset management firm headquartered in Montreal, Canada. The company offers a broad range of investment solutions, including public and private fixed income, global and regional equity mandates, multi‐asset strategies, alternative investments and private credit. Fiera Capital serves institutional, retail and high‐net‐worth clients through mutual funds, exchange-traded funds, segregated mandates and customized managed accounts.

Founded in 2003, Fiera Capital has grown its international presence through strategic expansions and acquisitions, establishing offices in key financial centers across North America, Europe and Asia.