Fiera Capital (TSE:FSZ) Stock Price Expected to Rise, National Bankshares Analyst Says

Fiera Capital (TSE:FSZ) had its price target upped by investment analysts at National Bankshares from C$8.00 to C$8.50 in a research note issued to investors on Wednesday, BayStreet.CA reports. The brokerage presently has an “underperform” rating on the stock. National Bankshares’ target price points to a potential downside of 13.35% from the company’s current price.

Other analysts have also recently issued reports about the stock. BMO Capital Markets lifted their price objective on shares of Fiera Capital from C$8.50 to C$9.00 in a research note on Tuesday. Scotiabank upped their price objective on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Wednesday, July 24th. TD Securities decreased their target price on shares of Fiera Capital from C$8.00 to C$7.50 in a report on Thursday, August 8th. National Bank Financial lowered shares of Fiera Capital from a “hold” rating to a “strong sell” rating in a research report on Sunday, July 28th. Finally, Desjardins raised their target price on Fiera Capital from C$7.75 to C$9.00 and gave the stock a “hold” rating in a research note on Thursday, October 24th. Two analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. Based on data from MarketBeat, Fiera Capital presently has a consensus rating of “Hold” and an average target price of C$8.29.

Fiera Capital Stock Up 0.5 %

Shares of Fiera Capital stock traded up C$0.05 during trading on Wednesday, reaching C$9.81. The company’s stock had a trading volume of 218,504 shares, compared to its average volume of 280,120. The company has a 50-day simple moving average of C$8.17 and a two-hundred day simple moving average of C$7.73. Fiera Capital has a 1-year low of C$4.63 and a 1-year high of C$9.90. The company has a market cap of C$860.83 million, a price-to-earnings ratio of 18.28, a P/E/G ratio of -0.87 and a beta of 1.64. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 259.56.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.23 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.04. The business had revenue of C$164.79 million for the quarter, compared to analyst estimates of C$160.80 million. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%. As a group, equities analysts forecast that Fiera Capital will post 1.0905563 earnings per share for the current year.

Insider Buying and Selling

In other Fiera Capital news, Senior Officer John Valentini sold 28,000 shares of the business’s stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of C$8.57, for a total transaction of C$240,046.80. In other news, Senior Officer John Valentini sold 28,000 shares of the stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$8.57, for a total value of C$240,046.80. Also, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of C$7.30, for a total value of C$73,049.00. Over the last ninety days, insiders have sold 207,400 shares of company stock worth $1,601,622. Company insiders own 0.86% of the company’s stock.

Fiera Capital Company Profile

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.