Fiera Capital Corp (FSZ) Receives Consensus Recommendation of “Buy” from Brokerages
Fiera Capital Corp (TSE:FSZ) has been given an average rating of “Buy” by the seven brokerages that are currently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$16.17.
FSZ has been the subject of a number of recent research reports. Desjardins reduced their price target on Fiera Capital from C$16.50 to C$16.00 in a research report on Tuesday, October 31st. TD Securities dropped their price objective on Fiera Capital from C$16.50 to C$16.00 and set a “buy” rating on the stock in a research note on Monday, November 13th. CIBC upped their price objective on Fiera Capital from C$16.50 to C$17.50 in a research note on Monday, December 4th. National Bank Financial reiterated an “outperform” rating and set a C$16.50 price objective on shares of Fiera Capital in a research note on Thursday, December 21st. Finally, Canaccord Genuity dropped their price objective on Fiera Capital from C$17.00 to C$16.50 and set a “buy” rating on the stock in a research note on Monday, November 13th.
In related news, insider Fiera Capital S.E.C. sold 28,634 shares of the firm’s stock in a transaction dated Thursday, November 23rd. The stock was sold at an average price of C$13.21, for a total value of C$378,255.14. Over the last three months, insiders have sold 171,335 shares of company stock worth $2,371,410.
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Fiera Capital Company Profile
Fiera Capital Corp is a Canada-based independent, full-service, multi-product investment company. It provides investment advisory and related services to institutional investors, private wealth clients and retail investors. It operates through investment management services segment in Canada and the United States.
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