CDK Global with ticker code (CDK) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 60 and 55 calculating the average target price we see 56.6. Given that the stocks previous close was at 46.31 this would imply there is a potential upside of 22.2%. The 50 day moving average now sits at 44.13 and the 200 day MA is 42.23. The market capitalisation for the company is $5,641m. Visit the company website at: http://www.cdkglobal.com
CDK Global, together with its subsidiaries, provides software and technology solutions for automotive retailers in the United States, Europe, Canada, and internationally. The company offers Dealer Management System (DMS), a portfolio of layered software applications and services for automotive retailers, original equipment manufacturers (OEMs), consumers, and other industry participants manage the acquisition, sale, financing, insuring, parts supply, and repair and maintenance of vehicles. It also provides solutions to retailers and manufacturers of heavy trucks, construction equipment, agricultural equipment, motorcycles, boats, and other marine and recreational vehicles. In addition, the company offers professional services, custom programming, consulting, implementation, and training solutions, as well as customer support solutions. It serves approximately 30,000 retail locations and OEMs. CDK Global was founded in 2014 and is headquartered in Hoffman Estates, Illinois.