CDK Global with ticker code (CDK) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 65 and 35 and has a mean target at 50.6. Given that the stocks previous close was at 35.39 this would imply there is a potential upside of 43.0%. The 50 day moving average now sits at 39.05 and the 200 day moving average is 48.77. The market capitalisation for the company is $4,472m. You can visit the company’s website by visiting: 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.