Fiera Capital (TSE:FSZ) Price Target Cut to C$5.50 by Analysts at National Bank Financial

Fiera Capital (TSE:FSZ) had its price objective trimmed by National Bank Financial from C$6.00 to C$5.50 in a research report report published on Monday,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

Several other equities analysts also recently weighed in on FSZ. Desjardins lowered their target price on Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating on the stock in a research report on Monday, April 27th. Royal Bank Of Canada set a C$6.00 price target on Fiera Capital and gave the stock a “sector perform” rating in a research report on Tuesday, April 28th. One equities research analyst has rated the stock with a Moderate Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$4.92.

Fiera Capital Stock Up 5.6%

FSZ opened at C$4.92 on Monday. The firm’s 50 day simple moving average is C$5.28 and its two-hundred day simple moving average is C$5.55. The company has a market capitalization of C$521.84 million, a PE ratio of 25.89, a PEG ratio of -0.87 and a beta of 1.05. Fiera Capital has a 1-year low of C$4.59 and a 1-year high of C$7.02. The company has a current ratio of 21.93, a quick ratio of 1.05 and a debt-to-equity ratio of 344.23.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings data on Friday, May 8th. The company reported C$0.21 earnings per share (EPS) for the quarter. The firm had revenue of C$153.31 million during the quarter. Fiera Capital had a net margin of 5.98% and a return on equity of 7.80%. As a group, equities analysts forecast 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.