Jefferies Group Boosts ServiceMaster Global Holdings Price Target to $29

ServiceMaster Global Holdings had its target price boosted by Jefferies Group from $23 to $29 in a report issued on Tuesday.

Jefferies Group has also updated their ratings on a number of other stocks in the last week. The firm upgraded shares of Tata Motors Limited (ADR) from a hold rating to a buy rating. Also, Jefferies Group downgraded shares of Smith & Nephew plc (ADR) from a buy rating to a hold rating. Finally, Jefferies Group reiterated its buy rating on shares of Rio Tinto plc (ADR).

ServiceMaster Global Holdings (NASDAQ:SERV) traded up 0.45% during mid-day trading on Tuesday, hitting $24.66. 133,231 shares of the company’s stock traded hands. ServiceMaster Global Holdings has a 52 week low of $17.05 and a 52 week high of $24.91. The stock’s 50-day moving average is $20.37 and its 200-day moving average is $20.0. The company’s market cap is $2.266 billion.

Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley initiated coverage on shares of ServiceMaster Global Holdings in a research note on Wednesday, August 6th. They set an overweight rating and a $24.00 price target on the stock. Separately, analysts at Bank of America initiated coverage on shares of Servicemaster Global Holdings in a research note on Wednesday, August 6th. They set a buy rating and a $22.00 price target on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of Servicemaster Global Holdings in a research note on Wednesday, August 6th. They set an outperform rating and a $24.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of $23.22.