Fiera Capital Co. (TSE:FSZ) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Fiera Capital has a “Moderate Buy” consensus rating, with an average 12-month price target of C$4.47, although all four cited analysts recently reduced their targets to C$5.00.
• Analyst sentiment is mixed: RBC maintained an “outperform” rating, while TD, Desjardins and National Bank Financial retained more cautious “hold” or “sector perform” views.
• Shares fell 5.9% to C$4.47, near the company’s 52-week low. In its latest quarter, Fiera reported C$0.03 in EPS and C$155.14 million in revenue.

Shares of Fiera Capital Co. (TSE:FSZ - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the zero research firms that are currently covering the firm, MarketBeat.com reports. The average 1-year price target among analysts that have covered the stock in the last year is C$4.47.

A number of research firms have weighed in on FSZ. TD dropped 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. Royal Bank Of Canada dropped their price target on shares of Fiera Capital from C$6.00 to C$5.00 and set an "outperform" rating on the stock in a research report on Monday. Desjardins decreased their price objective on Fiera Capital from C$5.50 to C$5.00 and set a "hold" rating for the company in a report on Monday. Finally, National Bank Financial lowered their price objective on Fiera Capital from C$5.50 to C$5.00 and set a "sector perform" rating for the company in a research note on Monday.

Fiera Capital Stock Down 5.9%

FSZ stock traded down C$0.28 during trading on Monday, reaching C$4.47. 823,534 shares of the stock were exchanged, compared to its average volume of 301,445. The firm's 50 day moving average is C$5.19 and its 200 day moving average is C$5.48. Fiera Capital has a twelve month low of C$4.43 and a twelve month high of C$7.02. The company has a current ratio of 21.93, a quick ratio of 1.05 and a debt-to-equity ratio of 344.23. The firm has a market cap of C$474.11 million, a P/E ratio of 23.53, a price-to-earnings-growth ratio of -0.87 and a beta of 1.04.

Fiera Capital (TSE:FSZ - Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported C$0.03 EPS for the quarter. Fiera Capital had a return on equity of 7.80% and a net margin of 5.98%.The firm had revenue of C$155.14 million during the quarter. As a group, research analysts forecast that Fiera Capital will post 1.0905563 EPS for the current year.

Trending Headlines about Fiera Capital

Here are the key news stories impacting Fiera Capital this week:

• Positive Sentiment: Royal Bank of Canada maintained an “outperform” rating, with its revised C$5.00 target implying approximately 11.4% upside from the referenced C$4.49 share price. BayStreet.CA analyst ratings
• Neutral Sentiment: Desjardins and TD retained “hold” ratings, while National Bank Financial maintained a “sector perform” recommendation. These views suggest limited near-term conviction despite the potential upside to the revised target. BayStreet.CA analyst ratings
• Negative Sentiment: All four firms lowered their Fiera Capital price targets to C$5.00. Desjardins, National Bank Financial and TD cut targets from C$5.50, while RBC reduced its target from C$6.00. The broad downward revisions indicate analysts have become more cautious about the company’s earnings outlook or asset-management operating conditions. BayStreet.CA analyst ratings

About Fiera Capital

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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