What’s Next for FIRSTSERVICE CORPORATION After Today’s Huge Decline?


 What's Next for FIRSTSERVICE CORPORATION After Today's Huge Decline?

The stock of FIRSTSERVICE CORPORATION (TSE:FSV) is a huge mover today! About 16,230 shares traded hands. FIRSTSERVICE CORPORATION (TSE:FSV) has risen 12.16% since March 14, 2016 and is uptrending. It has outperformed by 6.62% the S&P500.
The move comes after 9 months negative chart setup for the $2.08B company. It was reported on Oct, 19 by Barchart.com. We have $55.24 PT which if reached, will make TSE:FSV worth $145.60 million less.


Out of 3 analysts covering FirstService Corporation (TSE:FSV), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. FirstService Corporation has been the topic of 10 analyst reports since August 4, 2015 according to StockzIntelligence Inc. As per Friday, August 7, the company rating was maintained by RBC Capital Markets. Raymond James downgraded the shares of FSV in a report on Tuesday, January 5 to “Mkt Perform” rating. Sidoti downgraded the shares of FSV in a report on Thursday, December 3 to “Neutral” rating. RBC Capital Markets maintained FIRSTSERVICE CORPORATION (TSE:FSV) on Thursday, October 29 with “Outperform” rating. RBC Capital Markets initiated FIRSTSERVICE CORPORATION (TSE:FSV) on Tuesday, September 20 with “Outperform” rating. As per Tuesday, June 7, the company rating was maintained by Raymond James. The stock has “Outperform” rating given by RBC Capital Markets on Wednesday, October 14.

More recent FIRSTSERVICE CORPORATION (TSE:FSV) news were published by: Globenewswire.com which released: “FirstService Announces Plan to Separate Into Two Independent Public Companies” on February 10, 2015. Also Globenewswire.com published the news titled: “FirstService Corporation Becomes an Independent Public Company” on June 01, 2015. Nasdaq.com‘s news article titled: “FirstService Corporation (FSV) Ex-Dividend Date Scheduled for September 28, 2016” with publication date: September 27, 2016 was also an interesting one.

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