Fiera Capital (TSE:FSZ) Stock Price Target Lowered at National Bank Financial

Fiera Capital (TSE:FSZ) had its price target decreased by investment analysts at National Bank Financial from C$3.25 to C$2.75 in a report issued on Thursday, BayStreet reports. The firm currently has a “sector perform” rating on the stock. National Bank Financial‘s target price indicates a potential upside of 19.05% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on FSZ. RBC Dominion Securities lowered their price objective on shares of Fiera Capital from C$5.00 to C$4.70 and set a “sector perform” rating for the company in a research report on Thursday, October 15th. Desjardins dropped their price objective on shares of Fiera Capital from C$4.00 to C$3.00 and set a “hold” rating on the stock in a research note on Tuesday, October 20th. TD cut their target price on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a report on Monday, August 10th. Royal Bank Of Canada downgraded Fiera Capital from a “hold” rating to a “sector perform” rating and decreased their target price for the company from C$4.70 to C$3.25 in a research note on Friday, October 16th. Finally, Scotia decreased their target price on Fiera Capital from C$5.75 to C$4.25 and set a “sector perform” rating for the company in a research note on Monday, October 26th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat, Fiera Capital presently has an average rating of “Hold” and a consensus price target of C$2.31.

Fiera Capital Stock Performance

Fiera Capital stock traded down C$0.54 during mid-day trading on Thursday, reaching C$2.31. The company’s stock had a trading volume of 2,041,784 shares, compared to its average volume of 364,759. The firm has a market cap of C$244.70 million, a price-to-earnings ratio of 12.83, a PEG ratio of -0.87 and a beta of 0.70. The business has a 50 day moving average price of C$3.69 and a 200-day moving average price of C$4.94. The company has a current ratio of 1.55, a quick ratio of 1.05 and a debt-to-equity ratio of 350.73. Fiera Capital has a twelve month low of C$2.30 and a twelve month high of C$6.74.

Fiera Capital (TSE:FSZ) last issued its earnings results on Wednesday, November 11th. The company reported C$0.19 earnings per share for the quarter. The company had revenue of C$150.36 million for the quarter. Fiera Capital had a net margin of 5.93% and a return on equity of 7.95%. Sell-side analysts predict that Fiera Capital will post 1.09 EPS 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.