CDK Global found using ticker (CDK) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 65 and 57.5 calculating the mean target price we have 61.25. With the stocks previous close at 54.3 this is indicating there is a potential upside of 12.8%. The 50 day MA is 51.94 and the 200 moving average now moves to 45.04. The company has a market capitalisation of $6,341m. Visit the company website at: https://www.cdkglobal.com
The potential market cap would be $7,153m based on the market concensus.
CDK Global, together with its subsidiaries, provides integrated data and technology solutions to the automotive, heavy truck, recreation, and heavy equipment industries in the United States and internationally. It offers subscription-based software and technology solutions to automotive retailers, as well as to retailers and manufacturers of heavy trucks, construction and agricultural equipment, motorcycles, boats, and other marine and recreational vehicles. The company’s flagship Dealer Management System provides software solutions that facilitates the sale of new and used vehicles, consumer financing, repair and maintenance services, and vehicle and parts inventory management. It also provides a portfolio of layered software applications and services to address the needs of automotive retail workflows. In addition, the company offers data management and business intelligence solutions to automotive retailers and original equipment manufacturers through its Neuron intelligent data platform. Further, it offers professional services, custom programming, consulting, implementation, and training solutions, as well as customer support solutions. The company serves approximately 15,000 retail locations. CDK Global was incorporated in 2014 and is headquartered in Hoffman Estates, Illinois.
