ServiceMaster Global Holdings (SERV) Receives Price Target

ServiceMaster Global Holdings (SERV) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $49 and the lowest price target forecast is $36. The average forecast of all the analysts is $44 and the expected standard deviation is $4.38.

ServiceMaster Global Holdings (SERV) has an average broker rating of 1.92, which is interpreted as a Buy, as rated by 6 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, Equity analysts at the Brokerage firm Nomura maintains its rating on ServiceMaster Global Holdings (NYSE:SERV). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Nomura lowers the price target from $37 per share to $36 per share. The rating by the firm was issued on August 16, 2016.

ServiceMaster Global Holdings (NYSE:SERV): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.37 and $37.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.56, notching a gain of 0.67% for the day. The total traded volume was 491,269 . The stock had closed at $37.31 on the previous day.

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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