Cintas PT Raised to $54.00 (CTAS)
Analysts at RBC Capital increased their price target on shares of Cintas (NYSE:CTAS) from $52.00 to $54.00 in a research report issued to clients and investors on Sunday, AR Network reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s target price indicates a potential upside of 5.35% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group raised their price target on shares of Cintas (NYSE:CTAS) from $51.00 to $58.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Cintas (NYSE:CTAS) from $50.00 to $54.00 in a research note to investors on Friday. They now have an “equal weight” rating on the stock.
Shares of Cintas (NYSE:CTAS) opened at 51.26 on Friday. Cintas has a 52-week low of $39.22 and a 52-week high of $52.21. The stock’s 50-day moving average is $48.97 and its 200-day moving average is $46.28. The company has a market cap of $6.270 billion and a price-to-earnings ratio of 20.41.
Cintas Corporation (NYSE:CTAS) provides highly specialized products and services to businesses of all types throughout the United States, Latin America, Europe and Asia.
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