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

FirstService (TSE:FSV) (NASDAQ:FSV) had its price objective cut by research analysts at Raymond James Financial from C$215.00 to C$190.00 in a report released on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Raymond James Financial’s price objective would indicate a potential downside of 1.96% from the company’s previous close.

Separately, TD lifted their target price on FirstService from C$204.00 to C$207.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$200.67.

FirstService Stock Up 5.0%

FSV stock opened at C$193.80 on Friday. The company has a market cap of C$8.91 billion, a P/E ratio of 54.90, a price-to-earnings-growth ratio of 107.75 and a beta of 0.79. FirstService has a twelve month low of C$169.60 and a twelve month high of C$290.34. The business’s fifty day moving average is C$195.55 and its 200-day moving average is C$200.98.

FirstService (TSE:FSV) (NASDAQ:FSV) last posted its quarterly earnings data on Thursday, July 23rd. The company reported C$2.49 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 anticipate that FirstService will post 7.5161189 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Firstservice Corporation acquired 2,372 shares of the stock in a transaction dated Thursday, April 30th. The stock was purchased at an average cost of C$182.30 per share, with a total value of C$432,415.60. Following the completion of the purchase, the insider directly owned 8,872 shares in the company, valued at C$1,617,365.60. This trade represents a 36.49% increase in their position. In the last three months, insiders have acquired 7,872 shares of company stock worth $1,431,216. Insiders own 10.26% of the company’s stock.

Key Headlines Impacting FirstService

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.