CDK Global – Consensus Indicates Potential 28.5% Upside

Broker Ratings

CDK Global with ticker code (CDK) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 60 and 55 calculating the mean target price we have 56.6. With the stocks previous close at 44.03 this now indicates there is a potential upside of 28.5%. There is a 50 day moving average of 44.94 and the 200 moving average now moves to 40.91. The company has a market cap of $5,354m. You can visit the company’s website by visiting: http://www.cdkglobal.com

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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.

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