RBC Capital Believes Servicemaster Global Holdings (NYSE: SERV) Still Has Room to Grow

By Jason Carr

In a report released yesterday, Gary Bisbee from RBC Capital reiterated a Buy rating on Servicemaster Global Holdings (NYSE: SERV), with a price target of $44. The company’s shares closed yesterday at $46.68, close to its 52-week high of $47.52.

According to TipRanks.com, Bisbee is a 5-star analyst with an average return of 10.5% and a 73.0% success rate. Bisbee covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Emerald Expositions Events Inc, and Corporate Executive Board.

Servicemaster Global Holdings has an analyst consensus of Strong Buy, with a price target consensus of $48.75.

Servicemaster Global Holdings’ market cap is currently $6.23B and has a P/E ratio of 28.12. The company has a book value ratio of 8.4056.

Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. Last month, Timothy Haynes, the Pres., American Home Shield of SERV sold 5,000 shares for a total of $229,450.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

ServiceMaster Global Holdings, Inc. engages in the provision of residential and commercial services. It operates through the following segments: Terminix, American Home Shield, and Franchise Services Group. The Terminix segment provides termite and pest control services to residential and commercial customers; as well as distributes pest control products.