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Servicemaster Global Holdings (NASDAQ:SERV)’s share price hit a new 52-week high on Monday , Stock Ratings Network reports. The stock traded as high as $23.66 and last traded at $23.37, with a volume of 282,935 shares changing hands. The stock had previously closed at $22.82.

A number of research firms have recently commented on SERV. 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 investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $22.56.

The stock has a 50-day moving average of $19.69 and a 200-day moving average of $19.50. The company’s market cap is $2.146 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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