National Bankshares Cuts Fiera Capital (TSE:FSZ) Price Target to C$7.00

Fiera Capital (TSE:FSZ) had its target price reduced by National Bankshares from C$7.50 to C$7.00 in a research report released on Wednesday morning,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

Separately, Desjardins cut their price target on shares of Fiera Capital from C$6.75 to C$6.50 and set a “hold” rating on the stock in a report on Tuesday.

Fiera Capital Stock Down 0.2%

FSZ opened at C$5.74 on Wednesday. The company has a market capitalization of C$612.02 million, a PE ratio of 21.26, a price-to-earnings-growth ratio of -0.87 and a beta of 1.25. The company has a debt-to-equity ratio of 261.73, a current ratio of 1.31 and a quick ratio of 1.05. Fiera Capital has a fifty-two week low of C$5.50 and a fifty-two week high of C$7.57. The business has a 50-day moving average of C$6.06 and a 200-day moving average of C$6.34.

Fiera Capital (TSE:FSZ) last released its quarterly earnings data on Thursday, November 13th. The company reported C$0.23 EPS for the quarter. The firm had revenue of C$167.09 million for the quarter. Fiera Capital had a return on equity of 21.21% and a net margin of 9.25%. Equities research analysts forecast that Fiera Capital will post 1.0905563 EPS for the current fiscal 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.