National Bankshares Lowers Fiera Capital (TSE:FSZ) Price Target to C$7.00

Fiera Capital (TSE:FSZ) had its target price reduced by research analysts at National Bankshares from C$7.50 to C$7.00 in a research report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price target indicates a potential upside of 21.74% from the company’s current price.

Separately, Desjardins cut their price target on Fiera Capital from C$6.75 to C$6.50 and set a “hold” rating on the stock in a research note on Tuesday.

Fiera Capital Stock Down 2.4%

Shares of TSE FSZ opened at C$5.75 on Wednesday. Fiera Capital has a 1 year low of C$5.50 and a 1 year high of C$7.57. The firm’s 50-day moving average is C$6.07 and its 200-day moving average is C$6.34. 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 firm has a market capitalization of C$613.08 million, a PE ratio of 21.30, a price-to-earnings-growth ratio of -0.87 and a beta of 1.25.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings data on Thursday, November 13th. The company reported C$0.23 earnings per share for the quarter. Fiera Capital had a net margin of 9.25% and a return on equity of 21.21%. The business had revenue of C$167.09 million for the quarter. Equities analysts expect that Fiera Capital will post 1.0905563 EPS for the current 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.