Zacks Investment Research announced Cintas Corporation (NASDAQ:CTAS), boosting its stock price target to $125.00 today
- Updated: October 5, 2016
Having a price of $111.04, Cintas Corporation (NASDAQ:CTAS) traded -0.43% lower on the day. With the last close up 10.66% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Cintas Corporation has recorded a 50-day average of $114.77 and a two hundred day average of $100.31. Volume of trade was down over the average, with 191,620 shares of CTAS changing hands under the typical 752,212
In a report issued Wednesday October 05, 2016 Zacks Investment Research increased the target of Cintas Corporation (NASDAQ:CTAS) to $125.00 stating a potential upside of 0.13%.
Recent Performance Chart
Cintas Corporation has 52 week low of $80.00 and a 52 week high of $119.94 with a PE ratio of 16.69 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 9 brokers have issued a research note on the company. The average stock price target is $93.44 with 1 broker rating the stock a strong buy, 2 brokers rating the stock a buy, 9 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On 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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