TD Cuts Fiera Capital (TSE:FSZ) Price Target to C$5.00

Fiera Capital (TSE:FSZ) had its price target cut by TD from C$5.50 to C$5.00 in a research report released on Monday,BayStreet.CA reports. They currently have a hold rating on the stock.

FSZ has been the subject of a number of other research reports. National Bank Financial cut their price objective on Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating for the company in a research report on Monday. Royal Bank Of Canada set a C$6.00 price target on Fiera Capital and gave the company a “sector perform” rating in a report on Tuesday, April 28th. Finally, Desjardins decreased their price objective 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 analyst has rated the stock with a Moderate Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$4.68.

Fiera Capital Price Performance

Shares of TSE:FSZ opened at C$4.68 on Monday. The company has a market capitalization of C$495.76 million, a P/E ratio of 26.00, a P/E/G ratio of -0.87 and a beta of 1.04. Fiera Capital has a 1-year low of C$4.43 and a 1-year high of C$7.02. The firm’s 50 day simple moving average is C$5.15 and its two-hundred day simple moving average is C$5.45. The company has a debt-to-equity ratio of 350.73, a current ratio of 1.55 and a quick ratio of 1.05.

Fiera Capital (TSE:FSZ) last posted its quarterly earnings results on Friday, August 7th. The company reported C$0.03 EPS for the quarter. The business had revenue of C$155.14 million for the quarter. Fiera Capital had a return on equity of 7.95% and a net margin of 5.93%. Research analysts expect that Fiera Capital will post 1.0905563 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.