Cintas (CTAS) Receives a Buy from Robert W. Baird

In a report released yesterday, Andrew Wittmann from Robert W. Baird maintained a Buy rating on Cintas (CTASResearch Report), with a price target of $430.00. The company’s shares closed last Thursday at $390.69.

According to TipRanks.com, Wittmann is a 5-star analyst with an average return of 16.5% and a 64.5% success rate. Wittmann covers the Industrial Goods sector, focusing on stocks such as Concrete Pumping Holdings, Construction Partners, and Jacobs Engineering.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cintas with a $457.38 average price target, which is a 17.6% upside from current levels. In a report issued on March 15, RBC Capital also maintained a Buy rating on the stock with a $475.00 price target.

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The company has a one-year high of $461.44 and a one-year low of $328.57. Currently, Cintas has an average volume of 528K.

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Founded in 1968, Ohio-based Cintas Corp. provides corporate identity uniforms through rental and sales programs, and related business services primarily in North America, Latin America, Europe, and Asia. It operates through Uniform Rental and Facility Services and First Aid and Safety Services segments.

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