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Maxim Group Sticks to Its Hold Rating for ABM Industries (ABM)
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Maxim Group Sticks to Its Hold Rating for ABM Industries (ABM)

In a report released yesterday, Tate Sullivan from Maxim Group maintained a Hold rating on ABM Industries (ABMResearch Report). The company’s shares closed yesterday at $48.15.

According to TipRanks, Sullivan is ranked #351 out of 8336 analysts.

ABM Industries has an analyst consensus of Hold, with a price target consensus of $55.00, implying a 14.23% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Hold rating on the stock with a $52.00 price target.

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ABM market cap is currently $3.18B and has a P/E ratio of 16.43.

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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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