Fiera Capital (TSE:FSZ) PT Lowered to C$7.25 at CIBC

Fiera Capital (TSE:FSZ) had its price objective lowered by CIBC from C$8.25 to C$7.25 in a research note issued to investors on Friday, BayStreet.CA reports. The firm presently has a “neutral” rating on the stock. CIBC’s price target points to a potential upside of 4.17% from the company’s previous close.

Several other equities analysts have also issued reports on the stock. National Bankshares boosted their price target on shares of Fiera Capital from C$6.00 to C$7.50 and gave the company a “sector perform” rating in a report on Thursday, February 29th. Desjardins boosted their price target on shares of Fiera Capital from C$6.50 to C$7.25 and gave the company a “hold” rating in a report on Thursday, February 29th. TD Securities upped their target price on shares of Fiera Capital from C$7.50 to C$8.00 and gave the stock a “hold” rating in a research note on Friday, March 1st. Scotiabank upped their target price on shares of Fiera Capital from C$7.00 to C$8.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 29th. Finally, BMO Capital Markets cut Fiera Capital from an “outperform” rating to a “market perform” rating and upped their price objective for the stock from C$8.00 to C$8.50 in a research report on Thursday, February 29th. Seven analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of C$7.64.

Fiera Capital Trading Down 0.3 %

FSZ traded down C$0.02 during trading on Friday, reaching C$6.96. 133,335 shares of the company’s stock were exchanged, compared to its average volume of 294,466. The company’s fifty day moving average price is C$7.98 and its 200-day moving average price is C$6.57. The company has a debt-to-equity ratio of 228.52, a quick ratio of 1.05 and a current ratio of 1.17. Fiera Capital has a fifty-two week low of C$4.32 and a fifty-two week high of C$8.75. The firm has a market capitalization of C$9.40 million, a PE ratio of 13.90, a P/E/G ratio of -0.87 and a beta of 0.81.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings results on Wednesday, February 28th. The company reported C$0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.30 by C$0.07. Fiera Capital had a net margin of 8.51% and a return on equity of 19.66%. The company had revenue of C$210.97 million during the quarter, compared to analyst estimates of C$203.10 million. As a group, equities analysts forecast that Fiera Capital will post 0.9695122 EPS for the current year.

Insider Buying and Selling at Fiera Capital

In other news, Senior Officer John Valentini sold 61,600 shares of the company’s stock in a transaction on Thursday, April 11th. The stock was sold at an average price of C$7.88, for a total transaction of C$485,432.64. Corporate insiders own 3.22% of the company’s stock.

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.