In a report released today, Scott Schneeberger from Oppenheimer assigned a Hold rating to Cintas (CTAS). The company’s shares closed last Wednesday at $348.10, close to its 52-week high of $369.20.
According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 11.9% and a 65.0% success rate. Schneeberger covers the Services sector, focusing on stocks such as Service International, Stericycle, and H&R Block.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cintas with a $361.80 average price target.
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Cintas’ market cap is currently $36.55B and has a P/E ratio of 39.50. The company has a Price to Book ratio of 133.18.
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Cintas Corp. engages in the provision of corporate identity uniform through rental and sales programs. It operates through the following segments: Uniform Rental and Facility Services, First Aid and Safety Services, All Other, and Corporate. The Uniform Rental and Facility Services segment consists of rental and servicing of uniforms and other garments including flame resistant clothing, mats, mops and shop towels, and other ancillary items. The First Aid and Safety Services segment comprises of first aid and safety products and services. The All Other segment includes fire protection services and its direct sale business. The Corporate segment consists of corporate assets such as cash and marketable securities. The company was founded by Richard T. Farmer in 1968 and is headquartered in Cincinnati, OH.
