Fiera Capital Co. (TSE:FSZ - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday after Desjardins lowered their price target on the stock from C$9.00 to C$7.25. Desjardins currently has a hold rating on the stock. Fiera Capital traded as low as C$6.35 and last traded at C$6.52, with a volume of 1581806 shares traded. The stock had previously closed at C$7.34.
A number of other equities analysts have also issued reports on FSZ. Scotiabank reduced their target price on Fiera Capital from C$10.00 to C$8.75 and set a "sector perform" rating for the company in a research note on Thursday. National Bankshares upgraded Fiera Capital from an "underperform" rating to a "sector perform" rating and reduced their price objective for the stock from C$8.50 to C$7.00 in a research note on Thursday. BMO Capital Markets dropped their target price on Fiera Capital from C$10.00 to C$9.00 in a research report on Thursday, January 30th. CIBC reduced their price target on shares of Fiera Capital from C$9.00 to C$6.75 and set a "neutral" rating for the company in a research report on Thursday. 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 report on Thursday. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of C$7.54.
Check Out Our Latest Stock Analysis on Fiera Capital
Insider Buying and Selling at Fiera Capital
In other Fiera Capital news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the business's stock in a transaction that occurred on 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 corporate insiders.
Fiera Capital Trading Down 1.9 %
The company has a current ratio of 1.31, a quick ratio of 1.05 and a debt-to-equity ratio of 261.73. The company has a fifty day moving average price of C$8.06 and a two-hundred day moving average price of C$8.51. The firm has a market capitalization of C$686.72 million, a price-to-earnings ratio of 10.65, a PEG ratio of -0.87 and a beta of 1.64.
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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