New York: ServiceMaster Global (NYSE:SERV) Stock Has Just Had Its Buy Rating Reiterated by Nomura. Shares now Have a $70 Target

June 14, 2018 - By Darrin Black

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

ServiceMaster Global (NYSE:SERV) Rating Reaffirmed

Nomura now has a $70 target price on the $7.97B market cap company or 18.89 % upside potential. In an analyst note issued to clients on Thursday, 14 June, ServiceMaster Global (NYSE:SERV) shares have had their Buy Rating restate by equity analysts at Nomura.

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. The firm earned “Outperform” rating on Wednesday, May 2 by Oppenheimer. Morgan Stanley maintained ServiceMaster Global Holdings, Inc. (NYSE:SERV) rating on Wednesday, May 2. Morgan Stanley has “Overweight” rating and $64 target. Instinet upgraded ServiceMaster Global Holdings, Inc. (NYSE:SERV) on Thursday, February 15 to “Buy” rating. The firm has “Buy” rating by Nomura given on Thursday, February 15. The firm has “Buy” rating given on Wednesday, February 28 by Nomura. The firm earned “Overweight” rating on Wednesday, February 28 by Morgan Stanley. The stock of ServiceMaster Global Holdings, Inc. (NYSE:SERV) earned “Overweight” rating by Morgan Stanley on Wednesday, January 31.

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 $113.75 million 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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