Fiera Capital (TSE:FSZ) Price Target Cut to C$7.25 by Analysts at Desjardins

Fiera Capital (TSE:FSZ) had its target price reduced by equities research analysts at Desjardins from C$9.00 to C$7.25 in a note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. Desjardins’ price objective would indicate a potential upside of 12.06% from the company’s previous close. Desjardins also issued estimates for Fiera Capital’s Q1 2025 earnings at $0.25 EPS, Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.32 EPS, FY2025 earnings at $1.07 EPS, FY2025 earnings at $1.07 EPS and FY2026 earnings at $1.15 EPS.

FSZ has been the topic of several other research reports. National Bankshares raised shares of Fiera Capital from an “underperform” rating to a “sector perform” rating and decreased their price target for the stock from C$8.50 to C$7.00 in a report on Thursday. 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 report on Thursday. Scotiabank decreased their price target on shares of Fiera Capital from C$10.00 to C$8.75 and set a “sector perform” rating on the stock in a report on Thursday. BMO Capital Markets decreased their price target on shares of Fiera Capital from C$10.00 to C$9.00 in a report on Thursday, January 30th. Finally, CIBC decreased their price target on shares of Fiera Capital from C$9.00 to C$6.75 and set a “neutral” rating on the stock in a report on Thursday. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of C$7.54.

Fiera Capital Trading Up 1.1 %

Fiera Capital stock opened at C$6.47 on Thursday. The stock has a market cap of C$699.70 million, a P/E ratio of 10.85, a PEG ratio of -0.87 and a beta of 1.64. Fiera Capital has a fifty-two week low of C$6.35 and a fifty-two week high of C$10.92. The firm’s fifty day moving average price is C$8.06 and its 200-day moving average price is C$8.50. The company has a debt-to-equity ratio of 261.73, a quick ratio of 1.05 and a current ratio of 1.31.

Insider Activity at Fiera Capital

In other news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of C$8.89, for a total transaction of C$93,028.60. 0.86% of the stock is owned by insiders.

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.