Fiera Capital (TSE:FSZ) Upgraded to Sector Perform at National Bankshares

National Bankshares upgraded shares of Fiera Capital (TSE:FSZ) from an underperform rating to a sector perform rating in a report released on Thursday,BayStreet.CA reports. National Bankshares currently has C$7.00 price objective on the stock, down from their prior price objective of C$8.50.

Several other research analysts have also recently weighed in on the company. CIBC reduced their price objective on Fiera Capital from C$11.00 to C$9.00 and set a “neutral” rating for the company in a research report on Thursday, January 30th. Scotiabank reduced their price target on Fiera Capital from C$10.50 to C$10.00 in a research report on Thursday, January 30th. BMO Capital Markets lowered their price objective on shares of Fiera Capital from C$10.00 to C$9.00 in a report on Thursday, January 30th. Finally, TD Securities cut their price objective 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. One investment analyst has rated the stock with a sell rating and seven have given a hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of C$7.46.

Fiera Capital Price Performance

Shares of TSE FSZ opened at C$6.40 on Thursday. The company has a fifty day moving average price of C$8.11 and a 200 day moving average price of C$8.50. The firm has a market cap of C$692.13 million, a PE ratio of 10.73, a PEG ratio of -0.87 and a beta of 1.64. The company has a current ratio of 1.31, a quick ratio of 1.05 and a debt-to-equity ratio of 261.73. Fiera Capital has a 1-year low of C$6.35 and a 1-year high of C$10.92.

Insider Transactions at Fiera Capital

In related news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the firm’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of C$8.89, for a total value of C$93,028.60. 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.