Desjardins Cuts Fiera Capital (TSE:FSZ) Price Target to C$7.25

Fiera Capital (TSE:FSZ) had its price objective cut by Desjardins from C$9.00 to C$7.25 in a research note released on Thursday morning,BayStreet.CA reports. They currently have a hold rating on the stock. 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 equities research analysts have also commented on FSZ. BMO Capital Markets decreased their price target on Fiera Capital from C$10.00 to C$9.00 in a research note on Thursday, January 30th. TD Securities decreased their price target on Fiera Capital from C$8.50 to C$6.50 and set a “hold” rating on the stock in a research note on Thursday. CIBC cut their price objective on Fiera Capital from C$9.00 to C$6.75 and set a “neutral” rating for the company in a research report on Thursday. Scotiabank cut their price objective on Fiera Capital from C$10.00 to C$8.75 and set a “sector perform” rating for the company in a research report on Thursday. Finally, National Bankshares upgraded Fiera Capital from an “underperform” rating to a “sector perform” rating and cut their price objective for the stock from C$8.50 to C$7.00 in a research report on Thursday. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Fiera Capital has a consensus rating of “Hold” and a consensus price target of C$7.54.

Fiera Capital Price Performance

Shares of TSE:FSZ opened at C$6.47 on Thursday. The business’s 50 day simple moving average is C$8.06 and its 200-day simple moving average is C$8.50. The firm has a market capitalization of C$699.70 million, a price-to-earnings ratio of 10.85, a price-to-earnings-growth ratio of -0.87 and a beta of 1.64. The company has a debt-to-equity ratio of 261.73, a current ratio of 1.31 and a quick ratio of 1.05. Fiera Capital has a 12 month low of C$6.35 and a 12 month high of C$10.92.

Insider Buying and Selling at Fiera Capital

In other Fiera Capital news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the business’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$8.89, for a total value of C$93,028.60. 0.86% of the stock is currently owned by insiders.

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.