Robert W. Baird Sticks to Their Hold Rating for Cintas (CTAS)


Robert W. Baird analyst Andrew Wittmann maintained a Hold rating on Cintas (CTAS) on December 22. The company’s shares closed last Thursday at $340.45, close to its 52-week high of $369.20.

Wittmann has an average return of 23.2% when recommending Cintas.

According to TipRanks.com, Wittmann is ranked #676 out of 7329 analysts.

Cintas has an analyst consensus of Moderate Buy, with a price target consensus of $369.00, implying a 9.1% upside from current levels. In a report issued on December 22, Credit Suisse also maintained a Hold rating on the stock with a $340.00 price target.

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Cintas’ market cap is currently $35.76B and has a P/E ratio of 38.10. The company has a Price to Book ratio of 128.45.

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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.

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