Fiera Capital Co. (TSE:FSZ) Stock Has Average Target Price of C$3.37 According to Brokerages

Fiera Capital Co. (TSE:FSZ) has earned a consensus recommendation of “Hold” from the one ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$3.09.

FSZ has been the subject of several research reports. RBC Dominion Securities cut their price target on Fiera Capital from C$5.00 to C$4.70 and set a “sector perform” rating for the company in a research note on Thursday, October 15th. National Bank Financial decreased their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating on the stock in a research report on Monday, August 10th. TD lowered their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a research note on Monday, August 10th. Royal Bank Of Canada cut shares of Fiera Capital from a “hold” rating to a “sector perform” rating and lowered their price objective for the company from C$4.70 to C$3.25 in a research note on Friday, October 16th. Finally, Desjardins dropped their target price on shares of Fiera Capital from C$4.00 to C$3.00 and set a “hold” rating for the company in a report on Tuesday.

Fiera Capital Stock Performance

Shares of FSZ stock opened at C$3.09 on Thursday. The stock has a fifty day moving average price of C$4.19 and a 200 day moving average price of C$4.92. The stock has a market cap of C$327.33 million, a PE ratio of 17.17, a P/E/G ratio of -0.87 and a beta of 1.03. Fiera Capital has a 1 year low of C$2.99 and a 1 year high of C$6.74. The company has a debt-to-equity ratio of 350.73, a quick ratio of 1.05 and a current ratio of 1.55.

Fiera Capital (TSE:FSZ) last posted its earnings results on Friday, August 7th. The company reported C$0.21 earnings per share for the quarter. The company had revenue of C$155.14 million for the quarter. Fiera Capital had a return on equity of 7.95% and a net margin of 5.93%. Sell-side analysts forecast that Fiera Capital will post 1.09 earnings per share 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.