In a report released today, Toni Kaplan from Morgan Stanley maintained a Hold rating on Cintas (CTAS – Research Report), with a price target of $362.00. The company’s shares closed last Friday at $389.90.
According to TipRanks.com, Kaplan is a 2-star analyst with an average return of -0.5% and a 49.5% success rate. Kaplan covers the Services sector, focusing on stocks such as Terminix Global Holdings, Advantage Solutions, and Waste Connections.
Cintas has an analyst consensus of Moderate Buy, with a price target consensus of $421.57, implying a 7.6% upside from current levels. In a report issued on July 12, Wells Fargo also initiated coverage with a Hold rating on the stock with a $393.00 price target.
The company has a one-year high of $461.44 and a one-year low of $343.86. Currently, Cintas has an average volume of 505.6K.
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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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