JMP Securities Increases FirstService Price Target to C$44.00 (FSV)
Stock analysts at JMP Securities raised their price objective on shares of FirstService (TSE:FSV) from C$38.00 to C$44.00 in a report issued on Thursday, AmericanBankingNews.com reports. The firm currently has an “outperform” rating on the stock. JMP Securities’ price objective would suggest a potential upside of 0.57% from the company’s current price.
Shares of FirstService (TSE:FSV) traded down 0.16% on Thursday, hitting $43.68. 19,989 shares of the company’s stock traded hands. FirstService has a 1-year low of $26.54 and a 1-year high of $42.56. The stock’s 50-day moving average is $37.68 and its 200-day moving average is $34.30. The company’s market cap is $1.453 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James raised their price target on shares of FirstService from C$40.00 to C$48.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at TD Securities raised their price target on shares of FirstService from C$34.00 to C$41.00 in a research note to investors on Thursday. They now have a “hold” rating on the stock. Finally, analysts at Scotiabank raised their price target on shares of FirstService from C$43.00 to C$51.50 in a research note to investors on Friday, October 18th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of C$44.44.
FirstService Corporation (TSE:FSV) is a provider of real estate-related services to the commercial, institutional and residential markets in North America and various countries around the world.
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