CDK Global found using ticker (CDK) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 55 and 45 with a mean TP of 51.6. Given that the stocks previous close was at 41 this now indicates there is a potential upside of 25.9%. The 50 day MA is 41.45 while the 200 day moving average is 43.11. The market capitalisation for the company is $5,220m. Visit the company website at: http://www.cdkglobal.com
CDK Global 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.