TD Cowen analyst Tim James maintained a Buy rating on FirstService yesterday and set a price target of $211.00.
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Tim James has given his Buy rating due to a combination of factors that highlight FirstService’s resilience and growth potential. Despite recent economic and weather-related challenges that have affected market sentiment, the underlying reasons for the company’s historically high valuation remain intact. James anticipates that as these temporary issues subside, the market will recognize the enduring strength of FirstService’s business model and its capacity for positive growth.
FirstService is characterized by its economic resilience, with minimal direct exposure to tariffs, and a strong history of organic growth complemented by strategic acquisitions. The company’s financial structure supports stable margins and manageable leverage, with a significant portion of its revenue being recurring. Recent share price declines are viewed as temporary and not reflective of the company’s fundamental strengths. James highlights FirstService as an attractive investment for those seeking a stable and predictable company with promising earnings growth forecasts for 2026.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FSV in relation to earlier this year.