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Cintas (CTAS) Stock Forecast & Price Target

$201.38
-2.39 (-1.17%)
(As of 09/18/2024 ET)

Cintas - Analysts' Recommendations 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.

Consensus Rating

Based on 16 Wall Street analysts who have issued ratings for Cintas in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 2 have given a sell rating, 8 have given a hold rating, and 6 have given a buy rating for CTAS.

Consensus Price Target

$186.30
-7.49% Downside
High Forecast$225.00
Average Forecast$186.30
Low Forecast$142.50

According to the 16 analysts' twelve-month price targets for Cintas, the average price target is $186.30. The highest price target for CTAS is $225.00, while the lowest price target for CTAS is $142.50. The average price target represents a forecasted downside of -7.49% from the current price of $201.38.

TypeCurrent Forecast
9/20/23 to 9/19/24
1 Month Ago
8/21/23 to 8/20/24
3 Months Ago
6/22/23 to 6/21/24
1 Year Ago
9/20/22 to 9/20/23
Consensus Rating
Hold
Hold
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
8 Buy rating(s)
6 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$186.30$185.59$166.02$132.02
Forecasted Upside-7.49% Downside2.70% Upside4.95% Upside8.81% Upside

CTAS Analyst Recommendations 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.
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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.
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Cintas Stock vs. The Competition

TypeCintasIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.25
2.56
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-7.49% Downside43.89% Upside7.93% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/17/2024Truist Financial
1 of 5 stars
 Boost TargetBuy ➝ Buy$212.50 ➝ $225.00+10.42%
9/13/2024Barclays
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$850.00 ➝ $210.00+0.67%
8/13/2024Wells Fargo & Company
3 of 5 stars
J. Haas
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UpgradeStrong Sell
8/9/2024Redburn Atlantic
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O. Davies
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Initiated CoverageNeutral$167.50-10.72%
7/19/2024Baird R W
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A. Wittmann
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DowngradeStrong-Buy ➝ Hold
7/19/2024UBS Group
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 Boost TargetBuy ➝ Buy$197.50 ➝ $218.50+15.22%
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7/19/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$143.75 ➝ $156.25-18.15%
7/19/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$166.75 ➝ $199.50+5.14%
7/19/2024Robert W. Baird
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 Reiterated RatingOutperform ➝ Neutral$187.50 ➝ $193.75+2.11%
7/15/2024Royal Bank of Canada
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A. Sabadra
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DowngradeOutperform ➝ Sector Perform$181.25+0.45%
5/24/2024Citigroup
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 DowngradeNeutral ➝ Sell$132.50 ➝ $142.50-18.11%
4/1/2024Oppenheimer
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 Reiterated RatingMarket Perform ➝ Market Perform
3/28/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$157.25 ➝ $181.50+6.37%
3/28/2024Bank of America
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 Boost TargetBuy ➝ Buy$175.00 ➝ $197.50+15.22%
3/28/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$168.25 ➝ $191.25+11.57%
12/22/2023JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$135.00 ➝ $160.00+7.33%
7/14/2023Argus
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 Boost Target$127.50 ➝ $135.00+8.52%
3/31/2023Jefferies Financial Group
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 DowngradeBuy ➝ Hold$128.00 ➝ $121.75+4.14%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:31 AM ET.

CTAS Forecast - Frequently Asked Questions

What is Cintas' forecast for 2024?

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Cintas is $186.30, with a high forecast of $225.00 and a low forecast of $142.50.

Should I buy or sell Cintas stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 2 sell ratings, 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CTAS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTAS, but not buy additional shares or sell existing shares.

Does Cintas's stock price have much upside?

According to analysts, Cintas's stock has a predicted upside of 1.75% based on their 12-month stock forecasts.

Has Cintas been upgraded or downgraded by Wall Street analysts recently?

Over the previous 90 days, Cintas's stock had 2 downgrades and 1 upgrade by analysts.

What analysts cover Cintas?
Do Wall Street analysts like Cintas more than its competitors?

Analysts like Cintas less than other "industrial products" companies. The consensus rating for Cintas is Hold while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how CTAS compares to other companies.



This page (NASDAQ:CTAS) was last updated on 9/19/2024 by MarketBeat.com Staff
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