CBIZ – Consensus Indicates Potential 27.2% Upside

Broker Ratings
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CBIZ with ticker code (CBZ) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The target price ranges between 49 and 47 calculating the average target price we see 48. Given that the stocks previous close was at 37.73 this is indicating there is a potential upside of 27.2%. The day 50 moving average is 38.48 and the 200 moving average now moves to 34.92. The market capitalisation for the company is $2,012m. Company Website: https://www.cbiz.com

The potential market cap would be $2,560m 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.

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