Deutsche Bank Sticks to Their Hold Rating for Ceridian HCM Holding Inc (CDAY)


Deutsche Bank analyst Karl Keirstead maintained a Hold rating on Ceridian HCM Holding Inc (NYSE: CDAY) today and set a price target of $42. The company’s shares closed yesterday at $40.22.

According to TipRanks.com, Keirstead is a 5-star analyst with an average return of 12.4% and a 65.4% success rate. Keirstead covers the Technology sector, focusing on stocks such as Salesforce.com, Symantec Corp, and Cloudera Inc.

Ceridian HCM Holding Inc has an analyst consensus of Hold, with a price target consensus of $38.80, a -3.5% downside from current levels. In a report issued on October 5, Credit Suisse also initiated coverage with a Hold rating on the stock with a $45 price target.

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The company has a one-year high of $44.98 and a one-year low of $28.65. Currently, Ceridian HCM Holding Inc has an average volume of 455.3K.

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Ceridian HCM Holding, Inc. engages in the provision of human capital management services. It operates through Human Capital Management (HCM), and LifeWorks segments. The Human Capital Management segment includes cloud solutions, dayforce and powerplay, as well as bureau HCM solutions. The LifeWorks segment reflects the results of LifeWorks joint venture.

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