FirstService (TSE:FSV) Price Target Raised to C$217.00 at TD Securities

FirstService (TSE:FSV) (NASDAQ:FSV) had its target price raised by TD Securities from C$211.00 to C$217.00 in a report released on Thursday morning,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Separately, Scotiabank raised FirstService from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat, FirstService presently has an average rating of “Strong Buy” and a consensus price target of C$217.00.

FirstService Trading Down 3.6%

FSV opened at C$217.41 on Thursday. The company has a debt-to-equity ratio of 136.54, a current ratio of 1.81 and a quick ratio of 1.25. FirstService has a fifty-two week low of C$203.88 and a fifty-two week high of C$290.34. The firm has a market capitalization of C$9.94 billion, a PE ratio of 71.75, a P/E/G ratio of 107.75 and a beta of 0.78. The company’s 50-day moving average is C$215.59 and its 200 day moving average is C$241.60.

FirstService (TSE:FSV) (NASDAQ:FSV) last released its quarterly earnings results on Wednesday, February 4th. The company reported C$1.88 earnings per share (EPS) for the quarter. FirstService had a return on equity of 10.05% and a net margin of 2.19%. As a group, research analysts predict that FirstService will post 7.5161189 earnings per share for the current fiscal year.

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.