Fiera Capital Co. (TSE:FSZ) Stock Has Consensus Target Price of C$2.76 According to Brokerages

Shares of Fiera Capital Co. (TSE:FSZ) have earned an average recommendation of “Hold” from the one ratings firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$2.76.

FSZ has been the topic of several research analyst reports. Scotia lowered their price target on shares of Fiera Capital from C$5.75 to C$4.25 and set a “sector perform” rating on the stock in a report on Monday, October 26th. Royal Bank Of Canada cut Fiera Capital from a “hold” rating to a “sector perform” rating and reduced their price objective for the stock from C$4.70 to C$3.25 in a report on Friday, October 16th. Desjardins decreased their target price on Fiera Capital from C$4.00 to C$3.00 and set a “hold” rating on the stock in a research report on Tuesday, October 20th. TD decreased their target price on Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a research report on Monday, August 10th. Finally, National Bank Financial lowered their target price on Fiera Capital from C$5.00 to C$3.25 and set a “sector perform” rating on the stock in a research note on Wednesday, October 28th.

Fiera Capital Stock Performance

TSE FSZ opened at C$2.76 on Monday. The firm has a 50-day moving average of C$3.80 and a 200-day moving average of C$4.99. The company has a debt-to-equity ratio of 350.73, a quick ratio of 1.05 and a current ratio of 1.55. The stock has a market cap of C$292.37 million, a PE ratio of 15.33, a P/E/G ratio of -0.87 and a beta of 0.70. Fiera Capital has a 52-week low of C$2.71 and a 52-week high of C$6.74.

Fiera Capital (TSE:FSZ) last announced its earnings results on Friday, August 7th. The company reported C$0.21 EPS for the quarter. Fiera Capital had a net margin of 5.93% and a return on equity of 7.95%. The business had revenue of C$155.14 million during the quarter. On average, sell-side analysts anticipate that Fiera Capital will post 1.09 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.