Fiera Capital (TSE:FSZ) Price Target Lowered to C$7.25 at Desjardins

Fiera Capital (TSE:FSZ) had its price objective cut by Desjardins from C$9.00 to C$7.25 in a research report report published on Thursday morning,BayStreet.CA reports. They currently have a hold rating on the stock.

FSZ has been the topic of a number of other reports. National Bankshares raised Fiera Capital from an “underperform” rating to a “sector perform” rating and lowered their price target for the stock from C$8.50 to C$7.00 in a research note on Thursday. Scotiabank lowered their target price on shares of Fiera Capital from C$10.00 to C$8.75 and set a “sector perform” rating on the stock in a research note on Thursday. CIBC reduced their target price on shares of Fiera Capital from C$9.00 to C$6.75 and set a “neutral” rating for the company in a research report on Thursday. TD Securities lowered their price target on shares of Fiera Capital from C$8.50 to C$6.50 and set a “hold” rating on the stock in a research report on Thursday. Finally, BMO Capital Markets cut their price objective on shares of Fiera Capital from C$10.00 to C$9.00 in a report on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating and seven have given a hold rating to the stock. According to data from MarketBeat.com, Fiera Capital has a consensus rating of “Hold” and a consensus target price of C$7.46.

Fiera Capital Trading Down 1.8 %

FSZ stock opened at C$6.40 on Thursday. Fiera Capital has a 12-month low of C$6.35 and a 12-month high of C$10.92. The business’s 50-day moving average is C$8.11 and its 200 day moving average is C$8.50. 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 has a market cap of C$692.13 million, a price-to-earnings ratio of 10.73, a PEG ratio of -0.87 and a beta of 1.64.

Insider Buying and Selling

In related news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of C$8.89, for a total value of C$93,028.60. 0.86% of the stock is owned by company insiders.

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.