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

Fiera Capital (TSE:FSZ) had its target price cut by TD Securities from C$7.00 to C$6.50 in a research report report published on Thursday morning,BayStreet.CA reports. They currently have a hold rating on the stock.

A number of other equities analysts also recently commented on the stock. National Bankshares reduced their price objective on shares of Fiera Capital from C$7.50 to C$7.00 and set a “sector perform” rating for the company in a research note on Wednesday. Desjardins reduced their price target on 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 Price Performance

Shares of FSZ opened at C$5.75 on Thursday. The company has a quick ratio of 1.05, a current ratio of 1.31 and a debt-to-equity ratio of 261.73. Fiera Capital has a twelve month low of C$5.50 and a twelve month high of C$7.57. The stock has a market capitalization of C$613.08 million, a P/E ratio of 21.30, a P/E/G ratio of -0.87 and a beta of 1.25. The company has a 50 day moving average of C$6.07 and a 200-day moving average of C$6.34.

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