Fiera Capital (TSE:FSZ – Get Free Report) had its target price raised by equities research analysts at TD Securities from C$7.50 to C$8.00 in a research report issued on Wednesday, BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ price objective points to a potential downside of 5.66% from the stock’s current price.
Several other brokerages also recently weighed in on FSZ. CIBC reduced their target price on shares of Fiera Capital from C$8.25 to C$7.25 and set a “neutral” rating on the stock in a research note on Friday, April 26th. Scotiabank increased their price objective on shares of Fiera Capital from C$8.00 to C$8.50 in a research report on Thursday, May 9th. Seven investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of C$7.71.
Get Our Latest Stock Report on Fiera Capital
Fiera Capital Trading Down 1.4 %
Fiera Capital (TSE:FSZ – Get Free Report) last released its earnings results on Wednesday, May 8th. The company reported C$0.25 earnings per share for the quarter, beating the consensus estimate of C$0.19 by C$0.06. The firm had revenue of C$168.12 million for the quarter, compared to the consensus estimate of C$160.30 million. Fiera Capital had a return on equity of 23.90% and a net margin of 9.84%. As a group, sell-side analysts expect that Fiera Capital will post 1.0296736 earnings per share 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.
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