TD Securities Lowers Fiera Capital (TSE:FSZ) Price Target to C$6.50

Fiera Capital (TSE:FSZ) had its price objective dropped by research analysts at TD Securities from C$8.50 to C$6.50 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. TD Securities’ price objective indicates a potential upside of 0.46% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. BMO Capital Markets dropped their price target on Fiera Capital from C$10.00 to C$9.00 in a research note on Thursday, January 30th. CIBC lowered their target price on Fiera Capital from C$11.00 to C$9.00 and set a “neutral” rating on the stock in a research note on Thursday, January 30th. National Bankshares lifted their target price on Fiera Capital from C$8.00 to C$8.50 and gave the company an “underperform” rating in a research note on Wednesday, October 30th. Finally, Scotiabank lowered their target price on Fiera Capital from C$10.50 to C$10.00 in a research note on Thursday, January 30th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$7.54.

Fiera Capital Stock Up 1.1 %

FSZ stock opened at C$6.47 on Thursday. Fiera Capital has a twelve month low of C$6.35 and a twelve month high of C$10.92. 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 market capitalization of C$699.70 million, a P/E ratio of 10.85, a PEG ratio of -0.87 and a beta of 1.64. The firm has a 50 day simple moving average of C$8.06 and a 200-day simple moving average of C$8.50.

Insider Buying and Selling

In related 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 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.

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.