In a report released yesterday, Raimo Lenschow from Barclays maintained a Hold rating on Ceridian HCM Holding (CDAY), with a price target of $52.00. The company’s shares closed last Monday at $47.56, close to its 52-week low of $41.81.
According to TipRanks.com, Lenschow is a top 100 analyst with an average return of 14.7% and a 65.3% success rate. Lenschow covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Slack Technologies, and Citrix Systems.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ceridian HCM Holding with a $76.75 average price target.
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Ceridian HCM Holding’s market cap is currently $6.88B and has a P/E ratio of 89.97. The company has a Price to Book ratio of 3.65.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CDAY in relation to earlier this year.
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Ceridian HCM Holding, Inc. engages in the development of human capital management software. It offers Dayforce, Powerpay, and Bureau products and services. The Dayforce provides human resources (HR), payroll, benefits, workforce management, and talent management functionality.
