Barrington analyst Gary Prestopino initiated coverage with a Buy rating on CDK Global (CDK) today and set a price target of $72.00. The company’s shares closed last Wednesday at $51.69.
According to TipRanks.com, Prestopino is a 5-star analyst with an average return of 29.8% and a 60.0% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services, Points International, and Liquidity Services.
CDK Global has an analyst consensus of Strong Buy, with a price target consensus of $63.00.
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CDK Global’s market cap is currently $6.31B and has a P/E ratio of 35.00. The company has a Price to Book ratio of -2.96.
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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.
