FirstService Kept at Outperform at BMO Capital Markets; Price Target at US$217.00

MT Newswires Live

Jun 30, 2025

BMO Capital Markets on Monday maintained its outperform rating on the shares of FirstService (FSV.TO, FSV) and its US$217.00 price target following investor meetings with management.

"We hosted CFO Jeremy Rakusin for investor meetings in Europe. Our takeaways are positive, reflecting our belief that FirstService is well-positioned to build on its long-term track record of success to drive annual 10%+ revenue and EBITDA growth for decades; we find this long-term compounding potential attractive and deserving of the stock's premium valuation. With ~80% recurring revenue, FirstService is well-positioned for growth despite near-term temporary tariff-related macro impacts. Valuation is not demanding with the stock trading slightly below its historical average (15.8x vs. 17.1x NTM EV/EBITDA)," analyst Stephen MacLeod noted.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 235.00, Change: -1.60, Percent Change: -0.68

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Our takeaways are positive, reflecting our belief that FirstService is well-positioned to build on its long-term track record of success to drive annual 10%+ revenue and EBITDA growth for decades; we find this long-term compounding potential attractive and deserving of the stock's premium valuation. With ~80% recurring revenue, FirstService is well-positioned for growth despite near-term temporary tariff-related macro impacts. Valuation is not demanding with the stock trading slightly below its historical average (15.8x vs. 17.1x NTM EV/EBITDA),\" analyst Stephen MacLeod noted.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. 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Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p><p>Price: 235.00, Change: -1.60, Percent Change: -0.68</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BMO","symbol_name":"蒙特利尔银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2547015762","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2547015762","pubTimestamp":1751298190,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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