A report released today by Zacks Investment Research about Cintas Corporation (NASDAQ:CTAS) raises the target price to $140.00
- Updated: March 20, 2017
Boasting a price of $124.37, Cintas Corporation (NASDAQ:CTAS) traded -0.38% lower on the day. With the last close up 8.62% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Cintas Corporation has recorded a 50-day average of $117.83 and a two hundred day average of $114.53. Volume of trade was down over the average, with 478,685 shares of CTAS changing hands under the typical 573,188
Reporting a potential upside of 0.13%, Zacks Investment Research increased the stock price target of Cintas Corporation (NASDAQ:CTAS) to $140.00
With a total market value of $0, Cintas Corporation has price-earnings ratio of 25.93 with a one year low of $85.86 and a one year high of $125.93 .
A total of 9 firms have released a ratings update on CTAS. One equity analyst rating the stock a strong buy, 2 brokers rating the stock a buy, nine analysts rating the company a hold, two analysts rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $93.44.
General Company Details For Cintas Corporation (NASDAQ:CTAS)
Cintas Corporation 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, first aid and safety services and fire protection products and services. Its segments include uniform rental and facility services, and first aid and safety services. Its uniform rental and facility service segment offers services, which include rental and servicing of uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items. Its first aid and safety service segment offers services, which include first aid and safety products and services. Rental processing plants, rental branches, first aid and safety facilities, fire protection facilities, direct sales offices, distribution centers and manufacturing facilities are all utilized by the businesses included in All Other.
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