RBC Capital Maintains Outperform Rating for FirstService: Here's What You Need To Know

RBC Capital has decided to maintain its Outperform rating of FirstService FSV and raise its price target from $178.00 to $187.00.

Shares of FirstService are trading up 0.0% over the last 24 hours, at $165.08 per share.

A move to $187.00 would account for a 13.28% increase from the current share price.

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. FirstService Brands generates most of the company's revenue and 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. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.