FirstService Corp Rating Lowered to Market Perform at JMP Securities (FSV)
FirstService Corp (TSE:FSV) was downgraded by JMP Securities to a “market perform” rating in a research note issued on Tuesday, AnalystRatings.Net reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at TD Securities raised their price target on shares of FirstService Corp from C$41.00 to C$48.00 in a research note on Thursday, February 13th. They now have a “hold” rating on the stock. Separately, analysts at CIBC raised their price target on shares of FirstService Corp from C$40.00 to C$50.00 in a research note on Monday, February 10th. Finally, analysts at Scotiabank raised their price target on shares of FirstService Corp from C$51.50 to C$55.00 in a research note on Friday, February 7th. They now have an “outperform” rating on the stock. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of C$47.43.
Shares of FirstService Corp (TSE:FSV) opened at 49.40 on Tuesday. FirstService Corp has a 52-week low of $30.51 and a 52-week high of $50.25. The stock has a 50-day moving average of $46.03 and a 200-day moving average of $42.77. The company’s market cap is $1.764 billion.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, April 9th. Investors of record on Monday, March 31st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.82%.
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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