CBIZ with ticker code (CBZ) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price ranges between 49 and 47 with a mean TP of 48. Now with the previous closing price of 38.12 this would imply there is a potential upside of 25.9%. The day 50 moving average is 38.56 while the 200 day moving average is 35.19. The company has a market capitalisation of $2,009m. Company Website: https://www.cbiz.com
The potential market cap would be $2,529m 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, government healthcare consulting, financial advisory, valuation, and risk and advisory services. The Benefits and Insurance Services provides group health benefits consulting, payroll, property and casualty, and retirement plan services. The National Practices segment offers 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 founded in 1987 and is headquartered in Cleveland, Ohio.
