TD Securities Issues Pessimistic Forecast for Fiera Capital (TSE:FSZ) Stock Price

Fiera Capital (TSE:FSZ) had its target price cut by research analysts at TD Securities from C$6.50 to C$6.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. TD Securities’ target price indicates a potential upside of 2.74% from the stock’s current price.

A number of other research analysts have also weighed in on FSZ. Desjardins dropped their price objective on Fiera Capital from C$6.75 to C$6.50 and set a “hold” rating on the stock in a report on Tuesday, February 3rd. National Bank Financial decreased their target price on shares of Fiera Capital from C$7.50 to C$7.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 4th.

Fiera Capital Price Performance

Shares of FSZ opened at C$5.84 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.05 and a debt-to-equity ratio of 261.73. The stock’s 50 day moving average is C$6.02 and its two-hundred day moving average is C$6.25. Fiera Capital has a twelve month low of C$5.50 and a twelve month high of C$7.17. The firm has a market capitalization of C$622.68 million, a PE ratio of 21.63, a P/E/G ratio of -0.87 and a beta of 1.25.

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.