Servicemaster Global (NYSE:SERV) had its target price trimmed by Morgan Stanley from $43.00 to $41.00 in a research report released on Tuesday, AnalystRatings.com reports. The firm currently has an equal weight rating on the business services provider’s stock.
Several other research analysts have also recently issued reports on SERV. JPMorgan Chase & Co. decreased their price target on Servicemaster Global from $55.00 to $50.00 and set an overweight rating for the company in a research note on Tuesday, December 17th. Royal Bank of Canada decreased their price target on Servicemaster Global to $54.00 and set an outperform rating for the company in a research note on Wednesday, November 6th. TheStreet cut Servicemaster Global from a b+ rating to a c rating in a research note on Friday, November 15th. Bank of America decreased their price target on Servicemaster Global from $50.00 to $42.00 and set an underperform rating for the company in a research note on Wednesday, October 23rd. Finally, Buckingham Research reissued a neutral rating and issued a $45.00 price target (down previously from $61.00) on shares of Servicemaster Global in a research note 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 company. The company presently has a consensus rating of Hold and a consensus target price of $50.44.
SERV traded up $0.57 during trading on Tuesday, reaching $37.59. 25,532 shares of the company were exchanged, compared to its average volume of 1,350,997. The stock has a market cap of $4.81 billion, a P/E ratio of -53.73, a PEG ratio of 1.50 and a beta of 0.49. The firm has a 50 day moving average of $36.98 and a 200 day moving average of $45.63. The company has a current ratio of 0.93, a quick ratio of 0.84 and a debt-to-equity ratio of 0.65. Servicemaster Global has a 52 week low of $33.53 and a 52 week high of $58.78.
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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