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Shares of Servicemaster Global Holdings (NASDAQ:SERV) reached a new 52-week high during mid-day trading on Tuesday , Stock Ratings News reports. The stock traded as high as $20.78 and last traded at $20.47, with a volume of 370,947 shares. The stock had previously closed at $20.10.

A number of analysts have recently weighed in on SERV shares. Analysts at Morgan Stanley initiated coverage on shares of Servicemaster Global Holdings in a research note on Wednesday, August 6th. They set an “overweight” rating and a $24.00 price target on the stock. Separately, analysts at Bank of America initiated coverage on shares of Servicemaster Global Holdings in a research note on Wednesday, August 6th. They set a “buy” rating and a $22.00 price target on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of Servicemaster Global Holdings in a research note on Wednesday, August 6th. They set an “outperform” rating and a $24.00 price target on the stock. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Servicemaster Global Holdings has an average rating of “Buy” and a consensus target price of $22.56.

The stock has a 50-day moving average of $18.84 and a 200-day moving average of $18.84. The company’s market cap is $1.873 billion.

ServiceMaster Global Holdings, Inc is a provider of essential residential and commercial services. The Company operates through a service network of more than 7,000 Company owned, franchised and licensed locations.

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