Wall Street analyst has provided a review for the Financial company on August 10, but retained the same rating on the stock. Desjardins’ analyst Gary Ho reiterates their Buy rating on the shares of Fiera Capital A (TSX: FSZ), with a C$15 price target.
Ho has an average return of 11.5% when recommending Fiera Capital A.
According to TipRanks.com, Ho is ranked #1530 out of 4847 analysts.
Currently, the analyst consensus on Fiera Capital A is a Strong Buy with an average price target of C$15, which is a 18.0% upside from current levels. In a report issued on August 10, Canaccord Genuity also assigned a Buy rating to the stock with a C$15 price target.
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Based on Fiera Capital A’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of C$2.19 million. In comparison, last year the company had a net profit of C$877K.
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 Friday at C$12.71.
