National Bank Financial Issues Pessimistic Forecast for Fiera Capital (TSE:FSZ) Stock Price

Fiera Capital (TSE:FSZ) had its price objective lowered by National Bank Financial from C$5.50 to C$5.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 11.36% from the stock’s current price.

FSZ has been the topic of a number of other reports. Royal Bank Of Canada set a C$6.00 price target on shares of Fiera Capital and gave the stock a “sector perform” rating in a research report on Tuesday, April 28th. Desjardins lowered their target price on Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a report on Monday. One equities research analyst has rated the stock with a Moderate Buy rating, According to MarketBeat, Fiera Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of C$4.49.

Fiera Capital Price Performance

TSE:FSZ traded down C$0.26 during trading hours on Monday, reaching C$4.49. 687,886 shares of the company were exchanged, compared to its average volume of 300,998. The company has a current ratio of 21.93, a quick ratio of 1.05 and a debt-to-equity ratio of 344.23. The stock’s 50-day moving average is C$5.19 and its 200-day moving average is C$5.48. The firm has a market cap of C$476.23 million, a PE ratio of 23.63, a price-to-earnings-growth ratio of -0.87 and a beta of 1.04. Fiera Capital has a twelve month low of C$4.43 and a twelve month high of C$7.02.

Fiera Capital (TSE:FSZ) last released its quarterly earnings results on Friday, August 7th. The company reported C$0.03 earnings per share for the quarter. Fiera Capital had a net margin of 5.98% and a return on equity of 7.80%. The firm had revenue of C$155.14 million during the quarter. On average, sell-side analysts anticipate that Fiera Capital will post 1.0905563 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.