Servicemaster Global (NYSE:SERV) PT Lowered to $41.00

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Servicemaster Global (NYSE:SERV) had its target price decreased by Morgan Stanley from $43.00 to $41.00 in a research note issued to investors on Tuesday, AnalystRatings.com reports. Morgan Stanley currently has an equal weight rating on the business services provider’s stock.

Several other equities analysts have also recently issued reports on SERV. TheStreet cut Servicemaster Global from a b+ rating to a c rating in a research report on Friday, November 15th. Jefferies Financial Group began coverage on Servicemaster Global in a research report on Wednesday, November 27th. They set a buy rating and a $43.00 price target on the stock. Zacks Investment Research upgraded Servicemaster Global from a sell rating to a hold rating in a research report on Wednesday, December 25th. JPMorgan Chase & Co. lowered their price target on Servicemaster Global from $55.00 to $50.00 and set an overweight rating on the stock in a research report on Tuesday, December 17th. Finally, Buckingham Research reiterated a neutral rating and set a $45.00 price target (down from $61.00) on shares of Servicemaster Global in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. Servicemaster Global presently has a consensus rating of Hold and a consensus target price of $50.44.

Shares of SERV stock opened at $37.66 on Tuesday. Servicemaster Global has a 1 year low of $33.53 and a 1 year high of $58.78. The stock has a market cap of $4.81 billion, a PE ratio of -53.80, a price-to-earnings-growth ratio of 1.50 and a beta of 0.49. The business’s fifty day moving average is $36.96 and its 200-day moving average is $45.56. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.84 and a current ratio of 0.93.

Several hedge funds have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Servicemaster Global by 6.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,849 shares of the business services provider’s stock worth $495,000 after acquiring an additional 521 shares in the last quarter. Argent Capital Management LLC boosted its stake in shares of Servicemaster Global by 4.0% during the 4th quarter. Argent Capital Management LLC now owns 19,270 shares of the business services provider’s stock worth $745,000 after acquiring an additional 735 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Servicemaster Global by 0.8% during the 3rd quarter. Rhumbline Advisers now owns 111,361 shares of the business services provider’s stock worth $6,225,000 after acquiring an additional 836 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of Servicemaster Global by 0.4% during the 3rd quarter. California State Teachers Retirement System now owns 217,686 shares of the business services provider’s stock worth $12,169,000 after acquiring an additional 908 shares in the last quarter. Finally, Virginia Retirement Systems ET AL boosted its stake in shares of Servicemaster Global by 7.4% during the 3rd quarter. Virginia Retirement Systems ET AL now owns 14,600 shares of the business services provider’s stock worth $816,000 after acquiring an additional 1,000 shares in the last quarter.

About Servicemaster Global

ServiceMaster Global Holdings, Inc provides services to residential and commercial customers in the termite, pest control, cleaning, and restoration markets in all 50 states and the District of Columbia. The company operates through two segments, Terminix and ServiceMaster Brands. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.

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Analyst Recommendations for Servicemaster Global (NYSE:SERV)

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