In a report released today, Toni Kaplan from Morgan Stanley maintained a Sell rating on Cintas Corp (NASDAQ: CTAS), with a price target of $183. The company’s shares closed yesterday at $212.96, close to its 52-week high of $217.34.
According to TipRanks.com, Kaplan is a 3-star analyst with an average return of 3.2% and a 66.7% success rate. Kaplan covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Thomson Reuters Corp, and Factset Research.
Cintas Corp has an analyst consensus of Hold, with a price target consensus of $209.
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Based on Cintas Corp’s latest earnings release for the quarter ending May 31, the company reported a quarterly net profit of $186 million. In comparison, last year the company had a net profit of $156 million.
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Cintas Corp. engages in the provision and supply of corporate identity uniform programs. It operates through the following segments: Uniform Rental and Facility Services, First Aid and Safety Services, and All Other.
