Fiera Capital (OTCMKTS:FRRPF) PT Lowered to C$11.50 at Desjardins

Fiera Capital (OTCMKTS:FRRPF – Get Rating) had its target price decreased by stock analysts at Desjardins from C$12.50 to C$11.50 in a research report issued to clients and investors on Monday, The Fly reports.

FRRPF has been the topic of several other reports. TD Securities raised shares of Fiera Capital from a “hold” rating to a “buy” rating in a research report on Monday, February 28th. Scotiabank reduced their price objective on Fiera Capital from C$11.50 to C$10.50 in a research report on Wednesday, April 20th. Finally, National Bank Financial dropped their target price on Fiera Capital from C$11.50 to C$11.00 in a research report on Thursday, April 21st. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $18.13.

FRRPF remained flat at $$8.28 during trading on Monday. Fiera Capital has a 52 week low of $7.55 and a 52 week high of $9.59. The stock has a fifty day moving average of $8.10 and a 200 day moving average of $8.27.

About Fiera Capital (Get Rating)

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.

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