RBC Capital Reiterates a Buy Rating on Servicemaster Global Holdings

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 opened today at $39.26.

According to TipRanks.com, Bisbee is a 5-star analyst with an average return of 11.3% and a 75.3% 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.

Currently, the analyst consensus on Servicemaster Global Holdings is Moderate Buy and the average price target is $46, representing a 17.2% upside.

In a report issued on June 22, Morgan Stanley also reiterated a Buy rating on the stock with a $48 price target.

Servicemaster Global Holdings’ market cap is currently $5.29B and has a P/E ratio of 34.40. The company has a book value ratio of 7.7252.

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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.