CBIZ with ticker code (CBZ) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 55 and 50 with the average target price sitting at 52.5. Given that the stocks previous close was at 47.41 this would imply there is a potential upside of 10.7%. There is a 50 day moving average of 42.11 and the 200 day moving average is 40.16. The company has a market capitalisation of $2,400m. Company Website: https://www.cbiz.com
The potential market cap would be $2,658m based on the market concensus.
CBIZ provides financial, insurance, and advisory services in the United States and Canada. The company operates through three segments: Financial Services, Benefits and Insurance Services, and National Practices. The Financial Services segment offers accounting and tax, financial advisory, valuation, risk and advisory, and government healthcare consulting services. The Benefits and Insurance Services provides employee benefits consulting, payroll/human capital management, property and casualty insurance, and retirement and investment services. The National Practices segment offers information technology managed networking and hardware, and health care consulting services. It primarily serves small and medium-sized businesses, as well as individuals, governmental entities, and not-for-profit enterprises. The company was incorporated in 1987 and is headquartered in Cleveland, Ohio.
