Barrington analyst Gary Prestopino maintained a Buy rating on CDK Global (CDK) today and set a price target of $55.00. The company’s shares closed last Thursday at $46.08.
According to TipRanks.com, Prestopino is a 5-star analyst with an average return of 12.8% and a 51.0% success rate. Prestopino covers the Services sector, focusing on stocks such as Points International, Kar Auction Services, and Liquidity Services.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CDK Global with a $55.00 average price target, which is a 18.7% upside from current levels. In a report issued on November 2, Oppenheimer also maintained a Buy rating on the stock with a $55.00 price target.
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The company has a one-year high of $57.00 and a one-year low of $29.12. Currently, CDK Global has an average volume of 695.9K.
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CDK Global, Inc. engages in the provision of integrated information technology and digital marketing solutions to the automotive retail industry. It operates through following segments: CDK North America and CDK International. The CDK North America segment provides technology-based solutions. The CDK International segment caters to the United States and Canada. The company was founded on September 30, 2014 and is headquartered in Hoffman Estates, IL.
