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 Wednesday at $42.35.
According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 9.0% and a 45.9% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services, Points International, and Liquidity Services.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CDK Global with a $56.75 average price target.
See today’s analyst top recommended stocks >>
CDK Global’s market cap is currently $5.15B and has a P/E ratio of 25.90. The company has a Price to Book ratio of -2.44.
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. 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.
