TD Securities Trims Fiera Capital (TSE:FSZ) Target Price to C$15.00

Fiera Capital (TSE:FSZ) had its price objective decreased by stock analysts at TD Securities from C$16.00 to C$15.00 in a research note issued to investors on Friday, December 22nd. The firm presently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 14.59% from the company’s current price.

FSZ has been the topic of a number of other reports. Scotiabank boosted their target price on shares of Fiera Capital from C$16.00 to C$16.50 and gave the stock an “outperform” rating in a report on Monday, December 4th. CIBC reduced their target price on shares of Fiera Capital from C$17.50 to C$16.50 in a report on Monday, November 13th. Canaccord Genuity reduced their target price on shares of Fiera Capital from C$17.00 to C$16.50 and set a “buy” rating on the stock in a report on Monday, November 13th. BMO Capital Markets reiterated an “outperform” rating and set a C$15.00 price target on shares of Fiera Capital in a report on Friday, December 22nd. Finally, National Bank Financial reiterated an “outperform” rating and set a C$16.50 price target on shares of Fiera Capital in a report on Thursday, December 21st. Seven investment analysts have rated the stock with a buy rating, Fiera Capital presently has a consensus rating of “Buy” and an average price target of C$16.14.

Fiera Capital (TSE FSZ) traded up C$0.15 on Friday, hitting C$13.09. 66,980 shares of the company were exchanged, compared to its average volume of 88,769. Fiera Capital has a 52 week low of C$12.43 and a 52 week high of C$15.20. The stock has a market cap of $905.39, a PE ratio of 77.00 and a beta of 1.12.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings results on Friday, November 10th. The company reported C$0.32 EPS for the quarter, topping the consensus estimate of C$0.24 by C$0.08. Fiera Capital had a net margin of 4.45% and a return on equity of 3.43%.

In other news, insider Fiera Capital S.E.C. sold 3,100 shares of the company’s stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of C$14.60, for a total value of C$45,260.00. Insiders sold a total of 166,534 shares of company stock valued at $2,301,315 in the last ninety days.

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Fiera Capital Company Profile

Fiera Capital Corp is a Canada-based independent, full-service, multi-product investment company. It provides investment advisory and related services to institutional investors, private wealth clients and retail investors. It operates through investment management services segment in Canada and the United States.

Analyst Recommendations for Fiera Capital (TSE:FSZ)

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