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B+

Review of FirstService Corp

JUN 27, 2024 - FirstService Corporation (FSV) is the North American leader in residential property management and other property services to both residential and commercial customers. FSV is a well-run company that has carved out a significant position in the fragmented North American property management industry. Short-term catalysts to significantly move the stock would be acquisition related which are of course hard to predict but the company’s fundamentals remain attractive. We are maintaining our rating of a B+.

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