Fiera Capital (TSE:FSZ) Price Target Lowered to C$7.25 at Desjardins

Fiera Capital (TSE:FSZ - Get Free Report) had its target price lowered by 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 presently has a "hold" rating on the stock. Desjardins' target price would suggest a potential upside of 14.17% from the company's current price. 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 a number of other research reports. Scotiabank dropped their price objective on shares of Fiera Capital from C$10.00 to C$8.75 and set a "sector perform" rating on the stock in a research note on Thursday. National Bankshares raised shares of Fiera Capital from an "underperform" rating to a "sector perform" rating and dropped their price objective for the stock from C$8.50 to C$7.00 in a research note on Thursday. CIBC dropped their price objective on shares of Fiera Capital from C$9.00 to C$6.75 and set a "neutral" rating on the stock in a research note on Thursday. BMO Capital Markets dropped their price objective on shares of Fiera Capital from C$10.00 to C$9.00 in a research note on Thursday, January 30th. Finally, TD Securities dropped their price objective 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. Six analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of C$7.54.

Fiera Capital Stock Performance

TSE:FSZ traded down C$0.12 during midday trading on Thursday, hitting C$6.35. The company's stock had a trading volume of 491,522 shares, compared to its average volume of 287,781. The firm has a market cap of C$686.72 million, a P/E ratio of 10.65, a P/E/G ratio of -0.87 and a beta of 1.64. Fiera Capital has a fifty-two week low of C$6.31 and a fifty-two week high of C$10.92. The firm's 50 day moving average is C$8.06 and its 200-day moving average is C$8.51. The company has a debt-to-equity ratio of 261.73, a current ratio of 1.31 and a quick ratio of 1.05.

Insider Activity at Fiera Capital

In other Fiera Capital news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the firm's stock in a transaction on Monday, January 6th. The stock was 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 corporate 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.