ABM Industries (ABM – Research Report) received a Hold rating and a $51.00 price target from Robert W. Baird analyst Andrew Wittmann today. The company’s shares closed yesterday at $47.50.
Wittmann covers the Services sector, focusing on stocks such as ABM Industries, Cintas, and Healthcare Services. According to TipRanks, Wittmann has an average return of 16.9% and a 71.38% success rate on recommended stocks.
ABM Industries has an analyst consensus of Hold, with a price target consensus of $51.00.
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ABM market cap is currently $3.14B and has a P/E ratio of 13.92.
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ABM Industries, Inc. engages in the provision of facility services for commercial, industrial, and institutional buildings. It operates through the following segments: Business & Industry, Aviation, Technology & Manufacturing, Education, and Technical Solutions. The Business & Industry segment encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues. It also provides vehicle maintenance services to rental car providers. The Aviation segment supports airlines and airports with parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation. The Technology & Manufacturing segment provides janitorial, facilities engineering, and parking services. The Education segment delivers janitorial, custodial, landscaping & grounds, facilities engineering and parking services for public school districts, private schools, colleges and universities. The Technical Solutions segment engages in mechanical and electrical services. The company was founded by Morris Rosenberg in 1909 and is headquartered in New York, NY.
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