Fiera Capital (TSE:FSZ - Free Report) had its price objective cut by Scotiabank from C$10.00 to C$8.75 in a report released on Thursday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.
FSZ has been the topic of a number of other reports. National Bankshares upgraded shares of Fiera Capital from an "underperform" rating to a "sector perform" rating and cut their price target for the stock from C$8.50 to C$7.00 in a report on Thursday. TD Securities cut 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. BMO Capital Markets cut 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 cut 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 research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Fiera Capital presently has an average rating of "Hold" and an average target price of C$7.54.
Read Our Latest Stock Analysis on FSZ
Fiera Capital Trading Down 1.9 %
FSZ stock traded down C$0.12 during mid-day trading on Thursday, reaching C$6.35. 491,522 shares of the stock traded hands, compared to its average volume of 287,781. The business has a 50-day moving average price of C$8.06 and a two-hundred day moving average price of C$8.51. The company has a debt-to-equity ratio of 261.73, a quick ratio of 1.05 and a current ratio of 1.31. The stock has a market capitalization of C$686.72 million, a PE ratio of 10.65, a PEG ratio of -0.87 and a beta of 1.64. Fiera Capital has a one year low of C$6.31 and a one year high of C$10.92.
Insider Buying and Selling at Fiera Capital
In related news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the stock in a transaction that occurred 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. Insiders own 0.86% of the company's stock.
About Fiera Capital
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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.
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