ServiceMaster (SERV) is Upgraded by RBC Capital Mkts to Outperform, Raises Price Target to $44

ServiceMaster (SERV) is Upgraded by RBC Capital Mkts to Outperform according to the research report released to the investors. The brokerage firm has raised the Price Target to $44 from a previous price target of $39 . Earlier the firm had a rating of Sector Perform on the company shares. The shares recommendation by the Brokerage Firm was released on Dec-22-2015.

Shares of ServiceMaster Global Holdings, Inc. (NYSE:SERV) ended Thursday session in red amid volatile trading. The shares closed down 0.5 points or 1.29% at $38.27 with 1,248,340 shares getting traded. Post opening the session at $38.75, the shares hit an intraday low of $38.27 and an intraday high of $39.07 and the price vacillated in this range throughout the day. The company has a market cap of $5,182 million and the number of outstanding shares has been calculated to be 135,408,050 shares. The 52-week high of ServiceMaster Global Holdings, Inc. (NYSE:SERV) is $39.36 and the 52-week low is $25.56.

Research firm Zacks has rated ServiceMaster Global Holdings, Inc. (NYSE:SERV) and has ranked it at 1, indicating that for the short term the shares are a strong buy. 6 Wall Street analysts have given the company an average rating of 1.42. The shares has received a hold rating based on the suggestion from 1 analysts in latest recommendations. Strong buy was given by 4 Wall Street Analysts. The company had a buy rating from 1 analysts.

ServiceMaster Global Holdings, Inc. (NYSE:SERV) shares are expected to touch $42.67 in the short term. This short term price target has been shared by 6 analysts. However, the standard deviation of short term price estimate has been valued at 2.07. The target price could hit $45 on the higher end and $39 on the lower end.

ServiceMaster Global Holdings, Inc. has dropped 0.78% in the last five trading days, however, the shares have posted positive gains of 9.12% in the last 4 weeks. ServiceMaster Global Holdings, Inc. is up 10.9% in the last 3-month period. Year-to-Date the stock performance stands at 42.96%.”

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. The Company operates in three segments: Terminix, American Home Shield and the Franchise Services Group (which includes ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec).The Company’s portfolio of brands includes Terminix (termite and pest control), American Home Shield (home warranties), ServiceMaster Restore (disaster restoration), ServiceMaster Clean (janitorial), Merry Maids (residential cleaning), Furniture Medic (furniture repair) and AmeriSpec (home inspections).