Fiera Capital Co. (TSE:FSZ) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Fiera Capital Co. (TSE:FSZ) have been assigned a consensus rating of “Moderate Buy” from the zero research firms that are covering the stock, Marketbeat reports. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$4.67.

FSZ has been the subject of a number of research reports. TD reduced their price target on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating for the company in a report on Monday, August 10th. Royal Bank Of Canada decreased their price target on Fiera Capital from C$6.00 to C$5.00 and set a “moderate buy” rating on the stock in a research note on Monday, August 10th. Desjardins decreased their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a research note on Monday, August 10th. Finally, National Bank Financial decreased their target price on Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating on the stock in a report on Monday, August 10th.

Fiera Capital Price Performance

TSE FSZ opened at C$4.67 on Monday. The company has a current ratio of 1.55, a quick ratio of 1.05 and a debt-to-equity ratio of 350.73. Fiera Capital has a 1 year low of C$4.43 and a 1 year high of C$7.02. The company has a fifty day simple moving average of C$5.12 and a 200 day simple moving average of C$5.43. The company has a market cap of C$494.70 million, a P/E ratio of 25.94, a P/E/G ratio of -0.87 and a beta of 1.04.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings results on Friday, August 7th. The company reported C$0.03 earnings per share (EPS) for the quarter. The company 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%. On average, sell-side analysts predict 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.