Fiera Capital (TSE:FSZ) Given New C$6.25 Price Target at Desjardins

Fiera Capital (TSE:FSZ) had its price objective cut by Desjardins from C$7.25 to C$6.25 in a research note issued to investors on Monday,BayStreet.CA reports. They currently have a hold rating on the stock.

Several other equities analysts also recently commented on FSZ. TD Securities decreased their price target on shares of Fiera Capital from C$8.50 to C$6.50 and set a “hold” rating on the stock in a research note on Thursday, February 27th. National Bank Financial raised shares of Fiera Capital from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 26th. BMO Capital Markets decreased their price objective on shares of Fiera Capital from C$10.00 to C$9.00 in a research note on Thursday, January 30th. Scotiabank decreased their price objective on shares of Fiera Capital from C$8.75 to C$7.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 24th. Finally, National Bankshares raised shares of Fiera Capital from an “underperform” rating to a “sector perform” rating and decreased their price objective for the company from C$8.50 to C$7.00 in a research note on Thursday, February 27th. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of C$7.04.

Fiera Capital Price Performance

TSE:FSZ opened at C$6.20 on Monday. Fiera Capital has a one year low of C$5.51 and a one year high of C$10.92. The company has a market cap of C$5.58 million, a P/E ratio of 10.40, a P/E/G ratio of -0.87 and a beta of 0.85. The firm’s fifty day moving average price is C$6.25 and its two-hundred day moving average price is C$7.99. The company has a debt-to-equity ratio of 261.73, a current ratio of 1.31 and a quick ratio of 1.05.

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.