Fiera Capital (TSE:FSZ) Price Target Cut to C$6.50 by Analysts at TD Securities

Fiera Capital (TSE:FSZ) had its price objective decreased by stock analysts at TD Securities from C$7.00 to C$6.50 in a research note issued on Thursday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price points to a potential upside of 13.04% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Desjardins reduced their target price on shares of Fiera Capital from C$6.75 to C$6.50 and set a “hold” rating for the company in a research report on Tuesday. National Bankshares cut their price objective on shares of Fiera Capital from C$7.50 to C$7.00 and set a “sector perform” rating for the company in a report on Wednesday.

Fiera Capital Price Performance

Shares of Fiera Capital stock traded down C$0.14 during mid-day trading on Thursday, reaching C$5.75. 537,018 shares of the stock traded hands, compared to its average volume of 331,955. The stock has a market capitalization of C$613.08 million, a PE ratio of 21.30, a PEG ratio of -0.87 and a beta of 1.25. The business has a 50-day moving average of C$6.08 and a 200 day moving average of C$6.35. Fiera Capital has a fifty-two week low of C$5.50 and a fifty-two week high of C$7.57. The company has a quick ratio of 1.05, a current ratio of 1.31 and a debt-to-equity ratio of 261.73.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings results on Thursday, November 13th. The company reported C$0.23 EPS for the quarter. The firm had revenue of C$167.09 million during the quarter. Fiera Capital had a return on equity of 21.21% and a net margin of 9.25%. On average, 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.