Fiera Capital (TSE:FSZ) Stock Price Target Lowered at RBC Dominion Securities

Fiera Capital (TSE:FSZ) had its target price dropped by equities researchers at RBC Dominion Securities from C$5.00 to C$4.70 in a research report issued on Thursday, BayStreet reports. The brokerage currently has a “sector perform” rating on the stock. RBC Dominion Securities’ target price points to a potential upside of 37.83% from the stock’s current price.

Several other analysts have also weighed in on the stock. Desjardins lowered their target price on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating for the company in a research note on Monday, August 10th. TD reduced their price target on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a research report on Monday, August 10th. Royal Bank Of Canada reduced their price target on shares of Fiera Capital from C$6.00 to C$5.00 and set a “moderate buy” rating on the stock in a research report on Monday, August 10th. Finally, National Bank Financial decreased their price target on shares of Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating for the company in a report on Monday, August 10th. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, Fiera Capital currently has an average rating of “Hold” and a consensus price target of C$3.41.

Fiera Capital Stock Performance

Shares of TSE FSZ traded down C$0.44 during trading on Thursday, reaching C$3.41. The stock had a trading volume of 1,730,449 shares, compared to its average volume of 339,141. The company has a debt-to-equity ratio of 350.73, a quick ratio of 1.05 and a current ratio of 1.55. The stock has a market cap of C$361.22 million, a PE ratio of 18.94, a P/E/G ratio of -0.87 and a beta of 1.03. Fiera Capital has a one year low of C$3.17 and a one year high of C$6.74. The firm’s 50 day moving average price is C$4.34 and its two-hundred day moving average price is C$5.00.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings data on Friday, August 7th. The company reported C$0.21 earnings per share (EPS) for the quarter. Fiera Capital had a return on equity of 7.95% and a net margin of 5.93%. The firm had revenue of C$155.14 million for the quarter. On average, research analysts forecast that Fiera Capital will post 1.09 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. 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.