TD Cuts FirstService (TSE:FSV) Price Target to C$195.00

FirstService (TSE:FSV) (NASDAQ:FSV) had its target price decreased by TD from C$207.00 to C$195.00 in a research note issued to investors on Friday morning,BayStreet.CA reports. TD currently has a buy rating on the stock.

Separately, Raymond James Financial reduced their target price on FirstService from C$215.00 to C$190.00 and set an “outperform” rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$200.67.

FirstService Trading Up 5.0%

Shares of FSV opened at C$193.80 on Friday. FirstService has a 1-year low of C$169.60 and a 1-year high of C$290.34. The firm’s 50-day moving average price is C$195.55 and its 200-day moving average price is C$200.91. The firm has a market capitalization of C$8.91 billion, a price-to-earnings ratio of 54.90, a PEG ratio of 107.75 and a beta of 0.79.

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

Insiders Place Their Bets

In other FirstService news, insider Firstservice Corporation bought 2,372 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was acquired at an average price of C$182.30 per share, with a total value of C$432,415.60. Following the completion of the purchase, the insider owned 8,872 shares of the company’s stock, valued at approximately C$1,617,365.60. This trade represents a 36.49% increase in their ownership of the stock. Insiders have bought 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 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

FirstService Company Profile

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.