Zacks Investment Research upgraded Cintas Corporation (NASDAQ:CTAS) to Hold in a report released today.
- Updated: September 27, 2016
Zacks Investment Research has upgraded Cintas Corporation (NASDAQ:CTAS) to Hold in a report released on Tuesday September 27, 2016.
Yesterday Cintas Corporation (NASDAQ:CTAS) traded 0.21% higher at $113.39. The company’s 50-day moving average is $113.79 and its 200-day moving average is $99.30. The last closing price is up 14.23% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 728,857 shares of the stock traded hands, up from an average trading volume of 715,462
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Cintas Corporation has a 52 week low of $80.00 and a 52 week high of $119.94 with a P/E ratio of 18.17 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 9 brokerages have issued a research note on the company. The average stock price target is $93.44 with 1 brokerage rating the stock a strong buy, 2 firms rating the stock a buy, 9 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally zero analysts rating the company a sell.
More About 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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