Fiera Capital (TSE:FSZ) Upgraded by National Bankshares to Sector Perform Rating

Fiera Capital (TSE:FSZ) was upgraded by research analysts at National Bankshares from an “underperform” rating to a “sector perform” rating in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage presently has a C$7.00 price objective on the stock, down from their prior price objective of C$8.50. National Bankshares’ price objective would suggest a potential upside of 8.19% from the company’s current price.

Several other analysts also recently weighed in on the stock. BMO Capital Markets reduced their price objective on shares of Fiera Capital from C$10.00 to C$9.00 in a research report on Thursday, January 30th. Scotiabank reduced their price objective on shares of Fiera Capital from C$10.50 to C$10.00 in a research report on Thursday, January 30th. TD Securities reduced their price objective on shares of Fiera Capital from C$8.50 to C$6.50 and set a “hold” rating for the company in a research report on Thursday. Finally, CIBC reduced their price objective on shares of Fiera Capital from C$11.00 to C$9.00 and set a “neutral” rating for the company in a research report on Thursday, January 30th. Six analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$7.54.

Fiera Capital Stock Up 1.1 %

Shares of Fiera Capital stock opened at C$6.47 on Thursday. The company has a market capitalization of C$699.70 million, a P/E ratio of 10.85, a P/E/G ratio of -0.87 and a beta of 1.64. The company has a quick ratio of 1.05, a current ratio of 1.31 and a debt-to-equity ratio of 261.73. Fiera Capital has a 52-week low of C$6.35 and a 52-week high of C$10.92. The company has a 50 day moving average of C$8.06 and a 200 day moving average of C$8.50.

Insider Activity at Fiera Capital

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

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.