Fiera Capital (TSE:FSZ) Price Target Lowered to C$6.25 at Desjardins

Fiera Capital (TSE:FSZ) had its price target lowered by Desjardins from C$6.50 to C$6.25 in a research note issued to investors on Monday,BayStreet.CA reports. Desjardins currently has a hold rating on the stock.

A number of other equities research analysts have also issued reports on the stock. National Bank Financial cut their price target on shares of Fiera Capital from C$7.50 to C$7.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 4th. TD Securities cut their price target on shares of Fiera Capital from C$6.50 to C$6.00 and set a “hold” rating on the stock in a report on Friday, February 27th. One analyst has rated the stock with a Moderate Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$5.60.

Fiera Capital Price Performance

FSZ stock opened at C$5.60 on Monday. The company has a debt-to-equity ratio of 313.06, a quick ratio of 1.05 and a current ratio of 23.38. Fiera Capital has a 52 week low of C$5.11 and a 52 week high of C$7.17. The firm’s fifty day moving average is C$5.55 and its 200 day moving average is C$5.90. The firm has a market cap of C$593.96 million, a P/E ratio of 16.47, a P/E/G ratio of -0.87 and a beta of 1.04.

Fiera Capital (TSE:FSZ) last released its earnings results on Thursday, February 26th. The company reported C$0.24 EPS for the quarter. The company had revenue of C$180.06 million for the quarter. Fiera Capital had a net margin of 11.65% and a return on equity of 14.44%. Research analysts predict that Fiera Capital will post 1.0905563 earnings per share 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.