Desjardins Thinks Fiera Capital A’s Stock is Going to Recover


In a new note to investors yesterday, an analyst has provided a rating update for Fiera Capital A (FSZ). The company received a Buy rating from Desjardins’ analyst Douglas Young, with a C$13.50 price target.

According to TipRanks.com, Young is a 3-star analyst with an average return of 1.5% and a 45.6% success rate. Young covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Manulife Financial Corp, and National Bank of Canada.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fiera Capital A with a C$13.92 average price target.

The company has a one-year high of C$13.37 and a one-year low of C$10.50. Currently, Fiera Capital A has an average volume of 86.33K.

Fiera Capital Corp. engages in the provision of traditional and alternative investment solutions, including depth and expertise in asset allocation. It offers investment advisory and related services to institutional investors, private wealth clients, and retail investors. The company was founded in 1955 and is headquartered in Montreal, Canada.

The company’s shares closed on Tuesday at C$10.58, close to its 52-week low of C$10.50.

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