Fiera Capital Co. (TSE:FSZ) Stock Has Consensus Target Price of C$3.37 According to Analysts

Key Points

• Fiera Capital has a consensus “Hold” rating from the sole currently covering analyst, with an average 12-month price target of C$3.37.
• Multiple research firms recently reduced their price targets, generally to about C$5.00, while maintaining neutral or hold-equivalent ratings.
• Shares fell C$0.48 to C$3.37, near the 52-week low of C$3.17. In its latest quarter, Fiera reported C$0.21 in EPS and C$155.14 million in revenue.

Shares of Fiera Capital Co. (TSE:FSZ - Get Free Report) have earned a consensus rating of "Hold" from the one ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$3.37.

A number of research firms have weighed in on FSZ. Royal Bank Of Canada reduced their target price on Fiera Capital from C$6.00 to C$5.00 and set a "moderate buy" rating for the company in a report on Monday, August 10th. National Bank Financial lowered their price target on shares of 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. RBC Dominion Securities cut their price objective on shares of Fiera Capital from C$5.00 to C$4.70 and set a "sector perform" rating for the company in a research report on Thursday. Desjardins cut their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a "hold" rating for the company in a research report on Monday, August 10th. Finally, TD reduced their price objective 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.

Fiera Capital Stock Performance

Shares of TSE:FSZ traded down C$0.48 during trading on Thursday, hitting C$3.37. 1,897,613 shares of the company were exchanged, compared to its average volume of 340,061. The company has a market cap of C$356.99 million, a PE ratio of 18.72, a P/E/G ratio of -0.87 and a beta of 1.03. The stock has a 50 day moving average of C$4.34 and a 200 day moving average of C$5.00. Fiera Capital has a 52-week low of C$3.17 and a 52-week high of C$6.74. 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 - Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported C$0.21 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 during the quarter. As a group, equities research analysts predict that Fiera Capital will post 1.09 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.

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