Servicemaster Global Holdings Inc (NYSE:SERV) has been assigned a $52.00 price target by research analysts at Morgan Stanley in a note issued to investors on Monday. The firm presently has a “buy” rating on the business services provider’s stock. Morgan Stanley’s price target indicates a potential upside of 10.26% from the company’s current price.

A number of other research firms also recently weighed in on SERV. Zacks Investment Research raised Servicemaster Global Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Robert W. Baird reaffirmed a “hold” rating and issued a $51.00 price target on shares of Servicemaster Global Holdings in a research note on Tuesday, September 12th. BidaskClub cut Servicemaster Global Holdings from a “hold” rating to a “sell” rating in a research note on Friday, October 13th. CIBC started coverage on Servicemaster Global Holdings in a research note on Wednesday, September 20th. They issued an “outperform” rating and a $55.00 price target on the stock. Finally, Oppenheimer Holdings, Inc. started coverage on Servicemaster Global Holdings in a research note on Wednesday, September 20th. They issued an “outperform” rating and a $55.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $49.64.

Shares of Servicemaster Global Holdings (NYSE SERV) traded down 0.06% on Monday, hitting $47.13. 94,023 shares of the stock traded hands. The firm has a market capitalization of $6.29 billion, a PE ratio of 28.74 and a beta of 1.02. The firm’s 50 day moving average is $47.11 and its 200 day moving average is $42.16. Servicemaster Global Holdings has a 52 week low of $34.36 and a 52 week high of $48.48.

Servicemaster Global Holdings (NYSE:SERV) last issued its quarterly earnings results on Monday, July 31st. The business services provider reported $0.69 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.69. The firm had revenue of $807.00 million during the quarter, compared to the consensus estimate of $806.64 million. Servicemaster Global Holdings had a return on equity of 47.82% and a net margin of 10.53%. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the company posted $0.67 EPS. On average, analysts expect that Servicemaster Global Holdings will post $2.04 EPS for the current fiscal year.

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In other Servicemaster Global Holdings news, CEO Robert J. Gillette sold 1,142,961 shares of the business’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $42.58, for a total value of $48,667,279.38. Following the sale, the chief executive officer now directly owns 642,022 shares of the company’s stock, valued at $27,337,296.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP James T. Lucke sold 9,230 shares of the business’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $43.77, for a total value of $403,997.10. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,225,655 shares of company stock worth $52,344,228. 1.20% of the stock is owned by insiders.

Large investors have recently made changes to their positions in the company. FNY Partners Fund LP bought a new position in shares of Servicemaster Global Holdings during the first quarter valued at $104,000. Goldman Sachs Group Inc. lifted its holdings in shares of Servicemaster Global Holdings by 8.9% during the first quarter. Goldman Sachs Group Inc. now owns 317,220 shares of the business services provider’s stock valued at $13,244,000 after purchasing an additional 25,882 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Servicemaster Global Holdings by 4.0% during the second quarter. JPMorgan Chase & Co. now owns 2,463,249 shares of the business services provider’s stock valued at $96,535,000 after purchasing an additional 94,580 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Servicemaster Global Holdings by 13.0% during the first quarter. Alliancebernstein L.P. now owns 84,843 shares of the business services provider’s stock valued at $3,542,000 after purchasing an additional 9,733 shares in the last quarter. Finally, Princeton Portfolio Strategies Group LLC lifted its holdings in shares of Servicemaster Global Holdings by 8.7% during the second quarter. Princeton Portfolio Strategies Group LLC now owns 171,755 shares of the business services provider’s stock valued at $6,731,000 after purchasing an additional 13,710 shares in the last quarter.

Servicemaster Global Holdings Company Profile

ServiceMaster Global Holdings, Inc is a provider of essential residential and commercial services. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec.

Analyst Recommendations for Servicemaster Global Holdings (NYSE:SERV)

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