Analyst Price Target Update on ServiceMaster Global Holdings (NYSE:SERV)

ServiceMaster Global Holdings (NYSE:SERV): The mean short term price target for ServiceMaster Global Holdings (NYSE:SERV) has been established at $45 per share. The higher price target estimate is at $48 and the lower price target estimate is expected at $42 according to 5 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $2.83

Many analysts have stated their opinion on the company shares. Nomura initiates coverage on ServiceMaster Global Holdings (NYSE:SERV) . The global brokerage major announces a current price target of $39 per share. Analysts at the Nomura have a current rating of Neutral on the shares. The rating by the firm was issued on April 19, 2016. For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities, The Securities and Exchange Commission has divulged that Hunsberger Susan, officer (SVP, Human Resources) of Servicemaster Global Holdings Inc, had unloaded 20,000 shares at an average price of $36.06 in a transaction dated on May 12, 2016. The total value of the transaction was worth $721,200.

ServiceMaster Global Holdings (NYSE:SERV) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.77 points or 1.92% at $39.25 with 1,419,130 shares getting traded. Post opening the session at $39.77, the shares hit an intraday low of $39.25 and an intraday high of $40.09 and the price was in this range throughout the day. The company has a market cap of $5,328 million and the number of outstanding shares have been calculated to be 135,740,190 shares. The 52-week high of ServiceMaster Global Holdings (NYSE:SERV) is $42.21 and the 52-week low is $32.1.

ServiceMaster Global Holdings, Inc. is a holding company. The Company is a provider of residential and commercial services, operating through a service network of more than 8,000 company owned locations and franchise and license agreements. The Companys services include termite and pest control, home warranties, disaster restoration, janitorial, residential cleaning, furniture repair and home inspection. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. The Companys segments include Terminix, American Home Shield and the Franchise Services Group. The Terminix segment is a provider of termite and pest control services. The American Home Shield segment is a provider of home warranty plans for household systems and appliances. The Franchise Services Group segment provides residential and commercial disaster restoration, janitorial and cleaning services through franchises.

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