Reaffirmed: ServiceMaster Global (NYSE:SERV) Buy Rating Reiterated at Nomura; $70 Target in Place

June 14, 2018 - By James Guidry

ServiceMaster Global Holdings, Inc. (NYSE:SERV) Logo

ServiceMaster Global (NYSE:SERV) Rating Reaffirmed

The financial firm has just set a price target of $70 on ServiceMaster Global (NYSE:SERV) shares. This is 18.89 % from the last close price. In an analyst report made public on Thursday, 14 June, Nomura reiterated their Buy rating on shares of SERV.

ServiceMaster Global Holdings, Inc. (NYSE:SERV) Ratings Coverage

Among 6 analysts covering ServiceMaster Global (NYSE:SERV), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. ServiceMaster Global has $67 highest and $62 lowest target. $64.25’s average target is 9.12% above currents $58.88 stock price. ServiceMaster Global had 9 analyst reports since January 30, 2018 according to SRatingsIntel. On Wednesday, May 2 the stock rating was maintained by Oppenheimer with “Outperform”. The rating was maintained by Nomura on Wednesday, February 28 with “Buy”. On Wednesday, May 2 the stock rating was maintained by Morgan Stanley with “Overweight”. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, January 31 report. The stock has “Buy” rating by Instinet on Thursday, February 15. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, February 28. Nomura upgraded the shares of SERV in report on Thursday, February 15 to “Buy” rating.

The stock increased 0.49% or $0.29 during the last trading session, reaching $58.88. About 92,048 shares traded. ServiceMaster Global Holdings, Inc. (NYSE:SERV) has risen 49.82% since June 14, 2017 and is uptrending. It has outperformed by 37.25% the S&P500.

Analysts await ServiceMaster Global Holdings, Inc. (NYSE:SERV) to report earnings on July, 30. They expect $0.84 earnings per share, up 21.74 % or $0.15 from last year’s $0.69 per share. SERV’s profit will be $113.75M for 17.52 P/E if the $0.84 EPS becomes a reality. After $0.44 actual earnings per share reported by ServiceMaster Global Holdings, Inc. for the previous quarter, Wall Street now forecasts 90.91 % EPS growth.

ServiceMaster Global Holdings, Inc. provides residential and commercial services in the United States. The company has market cap of $7.97 billion. It operates in three divisions: Terminix, American Home Shield, and the Franchise Services Group. It has a 15.6 P/E ratio. 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.

Another recent and important ServiceMaster Global Holdings, Inc. (NYSE:SERV) news was published by Businesswire.com which published an article titled: “Terminix Introduces New Fast-Acting Mosquito Service” on May 31, 2018.

ServiceMaster Global Holdings, Inc. (NYSE:SERV) Ratings Chart

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