Cintas (CTAS) Stock Forecast & Price Target

$553.33

-0.42 (-0.08%)

(As of 12/8/2023 ET)

Today's Range: $548.60
▼
$554.09
50-Day Range: $480.87
▼
$558.25
52-Week Range: $423.06
▼
$559.94

Volume: 328,790 shs
Average Volume: 308,179 shs
Market Capitalization: $56.36 billion

P/E Ratio: 41.64
Dividend Yield: 0.98%
Price Target: $537.60

Cintas Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 13 Analyst Ratings

Analysts' Consensus Price Target

$537.60
-2.84% Downside

High Forecast	$625.00
Average Forecast	$537.60
Low Forecast	$441.00

Type	Current Forecast 12/10/22 to 12/10/23	1 Month Ago 11/10/22 to 11/10/23	3 Months Ago 9/11/22 to 9/11/23	1 Year Ago 12/10/21 to 12/10/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)	6 Buy rating(s)
Hold	6 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$537.60	$527.93	$524.00	$454.70
Predicted Upside	-2.84% Downside	9.15% Upside	8.58% Upside	11.35% Upside

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CTAS Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CTAS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Cintas Stock vs. The Competition

Type	Cintas	Industrial Products Companies	S&P 500
Consensus Rating Score	2.62	2.58	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	-2.84% Downside	144.77% Upside	3,819.11% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
12/8/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$551.00 ➝ $590.00	+6.55%
11/13/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$625.00	+17.16%
10/4/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$550.00 ➝ $530.00	+9.54%
10/2/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Buy ➝ Conviction-Buy
9/27/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$525.00	+9.99%
9/27/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$521.00 ➝ $526.00	+9.84%
Get the Latest News and Ratings for CTAS and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Cintas and its competitors with MarketBeat's FREE daily newsletter.
9/27/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$580.00 ➝ $565.00	+17.99%
9/27/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$524.00 ➝ $540.00	+12.77%
7/14/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$510.00 ➝ $540.00	+8.52%
7/14/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight	$419.00 ➝ $441.00	-10.82%
7/14/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$510.00 ➝ $540.00	+9.21%
7/14/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$550.00 ➝ $575.00	+16.28%
7/14/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight	$470.00 ➝ $500.00	+1.12%
7/14/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	$500.00 ➝ $550.00	+11.23%
3/31/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$512.00 ➝ $487.00	+4.14%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:40 AM ET.

CTAS Price Target - Frequently Asked Questions

What is Cintas's consensus rating and price target?: According to the issued ratings of 13 analysts in the last year, the consensus rating for Cintas stock is Moderate Buy based on the current 6 hold ratings, 6 buy ratings and 1 strong buy rating for CTAS. The average twelve-month price prediction for Cintas is $537.60 with a high price target of $625.00 and a low price target of $441.00. Learn more on CTAS's analyst rating history.
Do Wall Street analysts like Cintas more than its competitors?: Analysts like Cintas more than other Industrial Products companies. The consensus rating score for Cintas is 2.62 while the average consensus rating score for industrial products companies is 2.58. Learn more on how CTAS compares to other companies.
Is Cintas being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Cintas's stock had 2 upgrades and 1 downgrade by analysts.

Does Cintas's stock price have much upside?: According to analysts, Cintas's stock has a predicted upside of 9.02% based on their 12-month stock forecasts.
What analysts cover Cintas?: Cintas has been rated by Bank of America, Citigroup, Deutsche Bank Aktiengesellschaft, Robert W. Baird, Royal Bank of Canada, Stifel Nicolaus, The Goldman Sachs Group, and Truist Financial in the past 90 days.

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This page (NASDAQ:CTAS) was last updated on 12/10/2023 by MarketBeat.com Staff

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