Desjardins Comments on Fiera Capital Corp’s FY2016 Earnings (FSZ)
Fiera Capital Corp (TSE:FSZ) – Equities research analysts at Desjardins cut their FY2016 earnings per share (EPS) estimates for Fiera Capital Corp in a report released on Friday. Desjardins analyst G. Ho now forecasts that the firm will post earnings of $1.20 per share for the year, down from their prior forecast of $1.23. Desjardins also issued estimates for Fiera Capital Corp’s Q4 2016 earnings at $0.35 EPS.
A number of other equities analysts have also issued reports on the company. Scotiabank reissued an “outperform” rating and issued a C$14.50 price objective on shares of Fiera Capital Corp in a report on Friday. TD Securities reissued a “buy” rating and issued a C$14.50 price objective on shares of Fiera Capital Corp in a report on Friday. Finally, National Bank Financial increased their price objective on Fiera Capital Corp from C$14.50 to C$15.50 and gave the stock an “outperform” rating in a report on Friday. Five research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus price target of C$15.10.
Fiera Capital Corp (TSE:FSZ) opened at 12.19 on Monday. The stock has a 50 day moving average of $12.27 and a 200-day moving average of $12.63. The firm has a market cap of $479.05 million and a price-to-earnings ratio of 36.07. Fiera Capital Corp has a 52-week low of $9.76 and a 52-week high of $13.95.
Fiera Capital Corp Company Profile
Fiera Capital Corporation is an independent, full-service, multi-product investment company. The Company provides investment advisory and related services to institutional investors, private wealth clients and retail investors. It operates through investment management services segment in Canada and the United States.
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