Fiera Capital (TSE:FSZ) was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research note issued on Monday, April 1st, BayStreet.CA reports. They currently have a C$12.50 price objective on the stock, down from their prior price objective of C$14.00. BMO Capital Markets’ price objective suggests a potential upside of 1.87% from the company’s current price.
Several other research firms have also weighed in on FSZ. National Bank Financial reduced their price objective on Fiera Capital from C$16.00 to C$15.00 and set an “outperform” rating on the stock in a research note on Monday, March 25th. CIBC raised their price objective on Fiera Capital from C$14.00 to C$14.50 in a research note on Monday, March 25th.
Shares of TSE FSZ opened at C$12.27 on Monday. The company has a current ratio of 1.35, a quick ratio of 1.09 and a debt-to-equity ratio of 79.23. Fiera Capital has a 52 week low of C$10.54 and a 52 week high of C$13.35. The firm has a market capitalization of $1.29 billion and a P/E ratio of -231.51.
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.
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