CDK Global with ticker code (CDK) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 67 and 35 with the average target price sitting at 57.6. With the stocks previous close at 35.5 this indicates there is a potential upside of 62.3%. The 50 day moving average now sits at 43.03 and the 200 day moving average is 49.6. The market cap for the company is $4,002m. 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.