In a report released yesterday, Ashish Sabadra from RBC Capital maintained a Buy rating on Cintas (CTAS – Research Report), with a price target of $645.00. The company’s shares closed yesterday at $589.95.
According to TipRanks, Sabadra is a 4-star analyst with an average return of 2.8% and a 55.18% success rate. Sabadra covers the Industrials sector, focusing on stocks such as Cintas, Paychex, and ARAMARK Holdings.
In addition to RBC Capital, Cintas also received a Buy from UBS’s Joshua Chan in a report issued today. However, on the same day, Stifel Nicolaus assigned a Hold rating to Cintas (NASDAQ: CTAS).
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The company has a one-year high of $591.26 and a one-year low of $418.73. Currently, Cintas has an average volume of 399.7K.
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Cintas (CTAS) Company Description:
Founded in 1968, Ohio-based Cintas Corp. provides corporate identity uniforms through rental and sales programs, and related business services primarily in North America, Latin America, Europe, and Asia. It operates through Uniform Rental and Facility Services and First Aid and Safety Services segments.
Read More on CTAS:
- Options Volatility and Implied Earnings Moves Today, December 21, 2023
- Notable companies reporting before tomorrow’s open
- CTAS Earnings this Week: How Will it Perform?
- Cintas uniform business growth moderating, says RBC Capital
- Options Volatility and Implied Earnings Moves This Week, December 18 – December 21, 2023
