Jefferies Group dropped their target price on shares of Cintas (NYSE: CTAS) from $52.00 to $51.00 in a research note issued on Tuesday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s target price would indicate a potential upside of 8.37% from the company’s current price.
Separately, analysts at RBC Capital initiated coverage on shares of Cintas in a research note to investors on Wednesday, July 3rd. They set an “outperform” rating and a $52.00 price target on the stock.
Cintas (NYSE: CTAS) traded down 1.71% on Tuesday, hitting $47.06. Cintas has a 52-week low of $36.97 and a 52-week high of $48.17. The stock’s 50-day moving average is currently $45.87. The company has a market cap of $5.766 billion and a price-to-earnings ratio of 19.77.
Cintas Corporation (NYSE: CTAS) provides highly specialized products and services to businesses of all types throughout the United States, Latin America, Europe and Asia.
