FirstService Price Target Raised to US$217 at TD

MT Newswires Live

Feb 05

TD Securities raised its price target on FirstService Corp. (FSV.TO, FSV) to US$217 from US$211 on Thursday.

Analyst Tim James maintained a Buy rating on shares of the Canadian real estate services company following its quarterly results on Wednesday.

The stock rose $14.90, of 7%, to $225.61 on the Toronto Stock Exchange.

"We believe Q4 results should alleviate past investor concerns regarding Roofing/Restoration headwinds," James said in a note to clients.

"In our view, stock presents an attractive opportunity to acquire a group of relatively predictable businesses that are well insulated from economic/tariff conditions and which stand to drive incremental shareholder value (not in forecasts) from capitalizing on the FirstService balance sheet," the analyst said.

(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)

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(FSV.TO, FSV) to US$217 from US$211 on Thursday.</p><p>Analyst Tim James maintained a Buy rating on shares of the Canadian real estate services company following its quarterly results on Wednesday.</p><p>The stock rose $14.90, of 7%, to $225.61 on the Toronto Stock Exchange.</p><p>\"We believe Q4 results should alleviate past investor concerns regarding Roofing/Restoration headwinds,\" James said in a note to clients.</p><p>\"In our view, stock presents an attractive opportunity to acquire a group of relatively predictable businesses that are well insulated from economic/tariff conditions and which stand to drive incremental shareholder value (not in forecasts) from capitalizing on the FirstService balance sheet,\" the analyst said.</p><p>(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)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TD","symbol_name":"道明银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2609130867","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609130867","pubTimestamp":1770296685,"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. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"TD Securities raised its price target on FirstService Corp. 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