Fiera Capital (TSE:FSZ) Given New C$6.50 Price Target at Desjardins

Fiera Capital (TSE:FSZ) had its price objective lowered by Desjardins from C$6.75 to C$6.50 in a report released on Tuesday,BayStreet.CA reports. The firm currently has a hold rating on the stock.

Fiera Capital Stock Performance

Shares of FSZ stock opened at C$5.72 on Tuesday. The company’s fifty day moving average price is C$6.08 and its 200-day moving average price is C$6.35. The stock has a market cap of C$609.88 million, a PE ratio of 21.19, a price-to-earnings-growth ratio of -0.87 and a beta of 1.25. The company has a current ratio of 1.31, a quick ratio of 1.05 and a debt-to-equity ratio of 261.73. Fiera Capital has a 12 month low of C$5.50 and a 12 month high of C$7.70.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings results on Thursday, November 13th. The company reported C$0.23 earnings per share (EPS) for the quarter. Fiera Capital had a net margin of 9.25% and a return on equity of 21.21%. The company had revenue of C$167.09 million during the quarter. On average, equities analysts expect 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.