Fiera Capital Corp (FSZ) Receives Average Recommendation of “Buy” from Analysts

Shares of Fiera Capital Corp (TSE:FSZ) have been assigned a consensus recommendation of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$16.17.

A number of research analysts have commented on the company. TD Securities decreased 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 report on Monday, November 13th. National Bank Financial restated an “outperform” rating and issued a C$16.50 price target on shares of Fiera Capital in a research report on Thursday, December 21st. BMO Capital Markets restated an “outperform” rating and issued a C$15.00 price target on shares of Fiera Capital in a research report on Friday, December 22nd. CIBC raised their price target on Fiera Capital from C$16.50 to C$17.50 in a research report on Monday, December 4th. Finally, Desjardins restated a “buy” rating on shares of Fiera Capital in a research report on Thursday, December 21st.

Shares of Fiera Capital (TSE FSZ) traded down C$0.17 on Friday, reaching C$13.13. The company’s stock had a trading volume of 67,700 shares, compared to its average volume of 110,538. The company has a market cap of $922.79, a price-to-earnings ratio of 77.24 and a beta of 1.12. Fiera Capital has a 52-week low of C$12.43 and a 52-week high of C$15.20.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings data on Friday, November 10th. The company reported C$0.32 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.24 by C$0.08. Fiera Capital had a return on equity of 3.43% and a net margin of 4.45%.

In other Fiera Capital news, insider Fiera Capital S.E.C. sold 45,000 shares of Fiera Capital stock in a transaction dated Monday, November 20th. The stock was sold at an average price of C$13.51, for a total transaction of C$607,950.00. Over the last quarter, insiders have sold 110,034 shares of company stock worth $1,476,415.

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About Fiera Capital

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.

Analyst Recommendations for Fiera Capital (TSE:FSZ)

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