Barrington analyst Gary Prestopino maintained a Buy rating on CDK Global (NASDAQ: CDK) today and set a price target of $80. The company’s shares closed on Friday at $64.
Prestopino noted:
“We believe the quarter should meet adjusted EPS and adjusted EBITDA expectations based on the positive benefits of the company’s ongoing transformation plan.”
According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 14.6% and a 63.2% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Liquidity Services, and Ritchie Bros.
Currently, the analyst consensus on CDK Global is a Moderate Buy with an average price target of $80.
See today’s analyst top recommended stocks >>
The company has a one-year high of $76.04 and a one-year low of $60.28. Currently, CDK Global has an average volume of 1.09M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
CDK Global, Inc. provides integrated information technology and digital marketing solutions to the automotive retail industry. It operates through following segments: Retail Solutions North America, Advertising North America and CDK International.
