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RBC Capital Sticks to Its Hold Rating for Cintas (CTAS)

Tipranks - Tipranks - Fri Mar 27, 6:40AM CDT

In a report released today, Ashish Sabadra from RBC Capital maintained a Hold rating on Cintas, with a price target of $206.00.

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Sabadra covers the Financial sector, focusing on stocks such as TransUnion, Nasdaq, and S&P Global. According to TipRanks, Sabadra has an average return of 2.3% and a 52.14% success rate on recommended stocks.

In addition to RBC Capital, Cintas also received a Hold from Bernstein’s Connor Cerniglia in a report issued today. However, on the same day, Barclays assigned a Buy rating to Cintas (NASDAQ: CTAS).

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Based on Cintas’ latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $2.8 billion and a net profit of $495.34 million. In comparison, last year the company earned a revenue of $2.56 billion and had a net profit of $448.5 million

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