RBC Capital analyst Seth Weber initiated ServiceMaster with a Sector Perform rating and a price target of $46. The analyst states that he is positive on the company's decision to spin off the AHS business and focus on driving Terminix growth, but he also sees the 5.5 turns of multiple expansion since the spin-off reflecting the move, especially since Terminix is not yet seeing a benefit even as the investments weigh on the ServiceMaster margins. Weber adds that while he is confident in the overall strategy and the company's CEO, the progression in Terminix performance "could take longer than expected".