Desjardins Issues Pessimistic Forecast for Fiera Capital (TSE:FSZ) Stock Price

Fiera Capital (TSE:FSZ) had its price target dropped by research analysts at Desjardins from C$9.00 to C$7.25 in a research note issued on Thursday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. Desjardins’ price objective would indicate a potential upside of 12.06% from the company’s previous close. Desjardins also issued estimates for Fiera Capital’s Q1 2025 earnings at $0.25 EPS, Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.32 EPS, FY2025 earnings at $1.07 EPS, FY2025 earnings at $1.07 EPS and FY2026 earnings at $1.15 EPS.

Several other research firms have also recently commented on FSZ. TD Securities dropped their target price on shares of Fiera Capital from C$8.50 to C$6.50 and set a “hold” rating on the stock in a research report on Thursday. CIBC dropped their target price on shares of Fiera Capital from C$9.00 to C$6.75 and set a “neutral” rating on the stock in a research report on Thursday. Scotiabank dropped their target price on shares of Fiera Capital from C$10.00 to C$8.75 and set a “sector perform” rating on the stock in a research report on Thursday. BMO Capital Markets lowered their price target on shares of Fiera Capital from C$10.00 to C$9.00 in a report on Thursday, January 30th. Finally, National Bankshares raised shares of Fiera Capital from an “underperform” rating to a “sector perform” rating and lowered their price target for the stock from C$8.50 to C$7.00 in a report on Thursday. Six research analysts have rated the stock with a hold rating, According to MarketBeat.com, Fiera Capital currently has an average rating of “Hold” and an average target price of C$7.54.

Fiera Capital Price Performance

Fiera Capital stock opened at C$6.47 on Thursday. Fiera Capital has a 52 week low of C$6.35 and a 52 week high of C$10.92. The company’s 50 day moving average price is C$8.06 and its two-hundred day moving average price is C$8.50. 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 stock has a market cap of C$699.70 million, a P/E ratio of 10.85, a P/E/G ratio of -0.87 and a beta of 1.64.

Insider Buying and Selling

In other Fiera Capital news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the stock in a transaction 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 currently owned by insiders.

About Fiera Capital

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.