Raymond James Financial Cuts FirstService (TSE:FSV) Price Target to C$190.00

FirstService (TSE:FSV) (NASDAQ:FSV) had its price objective decreased by Raymond James Financial from C$215.00 to C$190.00 in a research note issued to investors on Friday,BayStreet.CA reports. Raymond James Financial currently has an outperform rating on the stock.

Separately, TD increased their target price on shares of FirstService from C$204.00 to C$207.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. According to MarketBeat, FirstService currently has a consensus rating of “Buy” and a consensus price target of C$200.67.

FirstService Stock Performance

Shares of FSV opened at C$193.80 on Friday. FirstService has a 52-week low of C$169.60 and a 52-week high of C$290.34. The business’s 50 day moving average price is C$195.55 and its two-hundred day moving average price is C$200.91. The firm has a market cap of C$8.91 billion, a PE ratio of 54.90, a price-to-earnings-growth ratio of 107.75 and a beta of 0.79.

FirstService (TSE:FSV) (NASDAQ:FSV) last posted its quarterly earnings results on Thursday, July 23rd. The company reported C$2.49 earnings per share (EPS) for the quarter. The firm had revenue of C$2.06 billion for the quarter. FirstService had a return on equity of 15.50% and a net margin of 2.90%. Research analysts predict that FirstService will post 7.5161189 EPS for the current fiscal year.

Insider Transactions at FirstService

In other news, insider Firstservice Corporation purchased 2,500 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were acquired at an average price of C$181.90 per share, for a total transaction of C$454,750.00. Following the completion of the acquisition, the insider owned 16,872 shares in the company, valued at approximately C$3,069,016.80. The trade was a 17.39% increase in their ownership of the stock. Insiders purchased a total of 7,872 shares of company stock valued at $1,431,216 in the last 90 days. 10.26% of the stock is currently owned by corporate insiders.

Key FirstService News

Here are the key news stories impacting FirstService this week:

• Positive Sentiment: FirstService reported Q2 revenue of C$2.06 billion and EPS of C$2.49, reinforcing that the business is still growing and generating profits. FirstService (FSV) Q2 2026 Earnings Call Transcript
• Positive Sentiment: Analysts maintained constructive ratings despite trimming targets, with Raymond James keeping an “outperform” rating and TD retaining a “buy,” suggesting the stock still has support from the analyst community. BayStreet.CA analyst ratings
• Neutral Sentiment: Coverage highlighted “steady growth amid market challenges,” which points to a balanced read on the quarter rather than a major surprise in either direction. FirstService Corp (FSV) Q2 2026 Earnings Call Highlights
• Negative Sentiment: Raymond James lowered its price target from C$215 to C$190, and TD cut its target from C$207 to C$195, indicating a more cautious valuation view even while keeping bullish ratings. BayStreet.CA analyst ratings
• Negative Sentiment: Management commentary pointed to macro headwinds limiting expansion, which may temper expectations for near-term acceleration. MSN article on FirstService revenue growth

About FirstService

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives, and generates most of the company’s revenue. FirstService Brands provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America.