Fiera Capital (FSZ) Price Target Raised to C$16.00

Fiera Capital (TSE:FSZ) had its target price upped by analysts at National Bank Financial from C$15.50 to C$16.00 in a report issued on Monday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target would suggest a potential upside of 29.76% from the company’s current price.

A number of other analysts also recently commented on FSZ. Desjardins dropped their price target on shares of Fiera Capital from C$16.00 to C$14.50 and set a “buy” rating on the stock in a research report on Monday, March 26th. CIBC dropped their price target on shares of Fiera Capital from C$17.50 to C$15.00 in a research report on Monday, March 26th. BMO Capital Markets restated an “outperform” rating and set a C$14.00 price target on shares of Fiera Capital in a research report on Monday, March 26th. Finally, Canaccord Genuity dropped their price target on shares of Fiera Capital from C$15.75 to C$15.00 in a research report on Monday, March 26th. Seven equities research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus target price of C$15.14.

TSE:FSZ traded up C$0.40 during mid-day trading on Monday, hitting C$12.33. The stock had a trading volume of 95,356 shares, compared to its average volume of 107,252. Fiera Capital has a 52 week low of C$10.50 and a 52 week high of C$15.09.



Fiera Capital (TSE:FSZ) last issued its quarterly earnings data on Friday, March 23rd. The company reported C$0.32 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.31 by C$0.01. The firm had revenue of C$142.05 million for the quarter, compared to the consensus estimate of C$123.10 million. Fiera Capital had a net margin of 4.45% and a return on equity of 3.43%.

In other news, Director Todd Michael Morgan sold 12,600 shares of Fiera Capital stock in a transaction that occurred on Friday, April 13th. The shares were sold at an average price of C$11.02, for a total value of C$138,852.00. Also, insider Vincent Duhamel acquired 40,000 shares of the stock in a transaction dated Tuesday, March 27th. The stock was acquired at an average cost of C$11.10 per share, for a total transaction of C$444,000.00. Insiders have acquired a total of 99,700 shares of company stock worth $1,088,163 over the last 90 days.

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.

Analyst Recommendations for Fiera Capital (TSE:FSZ)

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