Royal Bank Of Canada Cuts Fiera Capital (TSE:FSZ) Price Target to C$5.00

Fiera Capital (TSE:FSZ) had its price target trimmed by Royal Bank Of Canada from C$6.00 to C$5.00 in a research report report published on Monday, Marketbeat Ratings reports. The brokerage currently has a moderate buy rating on the stock.

Several other research firms also recently weighed in on FSZ. Desjardins dropped their target price on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a research report on Monday. National Bank Financial lowered their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating for the company in a research note on Monday. Finally, TD dropped their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a report on Monday. One investment analyst has rated the stock with a Moderate Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$4.68.

Fiera Capital Trading Down 0.4%

Fiera Capital stock opened at C$4.68 on Monday. The stock has a 50-day moving average of C$5.15 and a two-hundred day moving average of C$5.45. The company has a debt-to-equity ratio of 350.73, a quick ratio of 1.05 and a current ratio of 1.55. Fiera Capital has a one year low of C$4.43 and a one year high of C$7.02. The stock has a market cap of C$495.76 million, a PE ratio of 26.00, a price-to-earnings-growth ratio of -0.87 and a beta of 1.04.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings results on Friday, August 7th. The company reported C$0.03 earnings per share for the quarter. Fiera Capital had a return on equity of 7.95% and a net margin of 5.93%.The business had revenue of C$155.14 million for the quarter. On average, research analysts anticipate 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.