National Bankshares upgraded shares of Fiera Capital (TSE:FSZ - Free Report) from an underperform rating to a sector perform rating in a research note issued to investors on Thursday morning,BayStreet.CA reports. National Bankshares currently has C$7.00 target price on the stock, down from their prior target price of C$8.50.
Other equities research analysts have also recently issued reports about the stock. BMO Capital Markets dropped their target price on shares of Fiera Capital from C$10.00 to C$9.00 in a research report on Thursday, January 30th. Scotiabank lowered their price target on shares of Fiera Capital from C$10.50 to C$10.00 in a research report on Thursday, January 30th. CIBC lowered their price target 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. Finally, TD Securities lowered their price target 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. Six research analysts have rated the stock with a hold rating, According to MarketBeat, Fiera Capital presently has a consensus rating of "Hold" and an average price target of C$7.54.
Read Our Latest Analysis on FSZ
Fiera Capital Trading Down 1.9 %
Shares of TSE:FSZ traded down C$0.12 on Thursday, hitting C$6.35. The company had a trading volume of 491,522 shares, compared to its average volume of 287,781. The firm's 50-day simple moving average is C$8.06 and its two-hundred day simple moving average is C$8.51. Fiera Capital has a 1 year low of C$6.31 and a 1 year high of C$10.92. The company has a quick ratio of 1.05, a current ratio of 1.31 and a debt-to-equity ratio of 261.73. The firm has a market capitalization of C$686.72 million, a price-to-earnings ratio of 10.65, a P/E/G ratio of -0.87 and a beta of 1.64.
Insider Transactions at Fiera Capital
In other news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of Fiera Capital 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. Company insiders own 0.86% of the company's stock.
Fiera Capital Company Profile
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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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