Fiera Capital (TSE:FSZ) Given New C$6.00 Price Target at National Bank Financial

Fiera Capital (TSE:FSZ) had its target price dropped by equities researchers at National Bank Financial from C$7.00 to C$6.00 in a note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 7.91% from the stock’s current price.

Several other equities analysts have also recently commented on FSZ. Desjardins decreased their price target on shares of Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating for the company in a research report on Monday, April 27th. TD Securities lowered their target price on shares of Fiera Capital from C$6.50 to C$6.00 and set a “hold” rating for the company in a research note on Friday, February 27th. Finally, Royal Bank Of Canada set a C$6.00 target price on shares of Fiera Capital and gave the stock a “sector perform” rating in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Moderate Buy rating, Based on data from MarketBeat.com, Fiera Capital currently has an average rating of “Moderate Buy” and an average price target of C$5.56.

Fiera Capital Trading Down 1.2%

Shares of TSE:FSZ traded down C$0.07 during mid-day trading on Tuesday, reaching C$5.56. 201,586 shares of the company were exchanged, compared to its average volume of 315,425. The company has a debt-to-equity ratio of 344.23, a current ratio of 21.93 and a quick ratio of 1.05. The firm has a market cap of C$589.72 million, a price-to-earnings ratio of 16.35, a P/E/G ratio of -0.87 and a beta of 1.12. The firm’s 50-day simple moving average is C$5.52 and its 200 day simple moving average is C$5.87. Fiera Capital has a 1 year low of C$5.11 and a 1 year high of C$7.17.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings results on Friday, May 8th. The company reported C$0.21 EPS for the quarter. Fiera Capital had a net margin of 5.98% and a return on equity of 7.80%. The company had revenue of C$153.31 million during the quarter. Equities research analysts forecast 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.