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Shares of Cintas (NASDAQ:CTAS) reached a new 52-week high during trading on Friday , American Banking reports. The company traded as high as $66.19 and last traded at $66.12, with a volume of 146,799 shares trading hands. The stock had previously closed at $65.91.

A number of analysts have recently weighed in on CTAS shares. Analysts at Zacks reiterated a “neutral” rating on shares of Cintas in a research note on Friday, July 18th. They now have a $67.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Cintas in a research note on Thursday, July 17th. They now have a $69.00 price target on the stock, up previously from $65.00. Finally, analysts at Bank of America reiterated a “positive” rating on shares of Cintas in a research note on Wednesday, July 16th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Cintas currently has an average rating of “Buy” and an average price target of $63.86.

The stock has a 50-day moving average of $64.07 and a 200-day moving average of $61.10. The company has a market cap of $7.683 billion and a price-to-earnings ratio of 21.61.

Cintas (NASDAQ:CTAS) last posted its quarterly earnings results on Tuesday, July 15th. The company reported $0.76 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.75 by $0.01. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the previous year, the company posted $0.69 earnings per share. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, analysts predict that Cintas will post $3.09 earnings per share for the current fiscal year.

In other Cintas news, COO James Phillip Holloman unloaded 6,115 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $65.64, for a total value of $401,388.60. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Cintas Corporation (NASDAQ:CTAS) provides specialized products and services to businesses of all types throughout the North America, Latin America, Europe and Asia.

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