Jefferies (NYSE:JEF) analyst Hamzah Mazari maintained a Buy rating on Cintas Corp (NASDAQ:CTAS) on Thursday, setting a price target of $425, which is approximately 15.13% above the present share price of $369.15.
Mazari expects Cintas Corp to post earnings per share (EPS) of $2.44 for the third quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Cintas, with an average price target of $400.67.
The analysts price targets range from a high of $425 to a low of $353.
In its latest earnings report, released on 02/28/2021, the company reported a quarterly revenue of $1.78 billion and a net profit of $326.47 million. The company's market cap is $38.78 billion.
According to TipRanks.com, Jefferies analyst Hamzah Mazari is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 14.1% and a 68.91% success rate.
Founded in 1968, Ohio-based Cintas Corp. provides corporate identity uniforms through rental and sales programs, and related business services primarily in North America, Latin America, Europe, and Asia. It operates through Uniform Rental and Facility Services and First Aid and Safety Services segments.