Needham analyst Scott Berg maintained a Buy rating on Ceridian HCM Holding Inc (CDAY) today and set a price target of $60.00. The company’s shares closed last Monday at $43.14.
According to TipRanks.com, Berg is a 5-star analyst with an average return of 13.8% and a 60.9% success rate. Berg covers the Technology sector, focusing on stocks such as Tyler Technologies, Upland Software, and Instructure Inc.
Currently, the analyst consensus on Ceridian HCM Holding Inc is a Moderate Buy with an average price target of $58.57.
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The company has a one-year high of $58.95 and a one-year low of $31.39. Currently, Ceridian HCM Holding Inc has an average volume of 1.03M.
Based on the recent corporate insider activity of 39 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.
