Fiera Capital (TSE:FSZ) Price Target Cut to C$7.00 by Analysts at National Bankshares

Fiera Capital (TSE:FSZ) had its target price decreased by National Bankshares from C$7.50 to C$7.00 in a report issued on Wednesday morning,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

Separately, Desjardins cut their price objective on shares of Fiera Capital from C$6.75 to C$6.50 and set a “hold” rating for the company in a research report on Tuesday.

Fiera Capital Stock Up 3.0%

FSZ opened at C$5.89 on Wednesday. Fiera Capital has a 52 week low of C$5.50 and a 52 week high of C$7.58. The business has a 50 day moving average price of C$6.08 and a two-hundred day moving average price of C$6.35. The company has a quick ratio of 1.05, a current ratio of 1.31 and a debt-to-equity ratio of 261.73. The company has a market cap of C$628.01 million, a PE ratio of 21.81, a P/E/G ratio of -0.87 and a beta of 1.25.

Fiera Capital (TSE:FSZ) last released its earnings results on Thursday, November 13th. The company reported C$0.23 earnings per share (EPS) for the quarter. Fiera Capital had a return on equity of 21.21% and a net margin of 9.25%.The business had revenue of C$167.09 million for the quarter. As a group, research analysts anticipate that Fiera Capital will post 1.0905563 EPS for the current 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.