Analyst Rating Update on Cintas Corporation (CTAS)

Cintas Corporation (CTAS) has an average broker rating of 2.72, which is interpreted as a Hold, as rated by 13 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Cintas Corporation (CTAS) stock is expected to deviate a maximum of $13.09 from the average target price of $96.88 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $111 and the most muted being $75.

Company shares have received an average consensus rating of Hold for the current week


Cintas Corporation (NASDAQ:CTAS): The stock opened at $106.35 on Wednesday but the bulls could not build on the opening and the stock topped out at $107.78 for the day. The stock traded down to $105.71 during the day, due to lack of any buying support eventually closed down at $106.32 with a loss of -0.03% for the day. The stock had closed at $106.35 on the previous day. The total traded volume was 808,614 shares.

Cintas Corporation provides products and services to businesses of all types. The Company is a provider of corporate identity uniforms through rental and sales programs, as well as a provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, and first aid, safety and fire protection products and services. The Company has three segments: Rental Uniforms and Ancillary Products, Uniform Direct Sales, and First Aid, Safety and Fire Protection Services. The Companys Rental Uniforms and Ancillary Products segment consists of the rental and servicing of uniforms and other garments, including flame resistant clothing, mats, mops and shop towels and other ancillary items. The Companys Uniform Direct Sales segment consists of the direct sale of uniforms and related items. The Companys First Aid, Safety and Fire Protection Services segment consists of first aid, safety and fire protection products and services.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *