CDW Corporation (CDW) Receives Analyst Rating

CDW Corporation (CDW) : 8 analysts are covering CDW Corporation (CDW) and their average rating on the stock is 1.88, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. CDW Corporation (CDW) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

CDW Corporation (CDW) : 6 investment research analysts covering CDW Corporation (CDW) have an average price target of $47.67 for the near short term. The highest target price given by the Brokerage Firm to the stock is $50 and the lowest target is $46 for the short term. Analysts expect the variance to be within $1.37 of the average price.


Also, Deutsche Bank maintains its rating on CDW Corporation (NASDAQ:CDW). The global brokerage major raises the current price target from $43 per share to $48 per share. Analysts at the Deutsche Bank have a current rating of Buy on the shares. The rating by the firm was issued on August 4, 2016.

CDW Corporation (NASDAQ:CDW): After opening at $44.15, the stock dipped to an intraday low of $44.11 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $44.77 and the buying power remained strong till the end. The stock closed at $44.63 for the day, a gain of 1.36% for the day session. The total traded volume was 817,382. The stocks close on the previous trading day was $44.03.

CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States and Canada. Its offerings include mobility, security, data center optimization, cloud computing, virtualization and collaboration. The Company offers products for Corporate and Public. Corporate offerings are offered for private sector business customers. Public customers include Government agencies and education and healthcare institutions. CDW has three segments, CDW Advanced Services, Canada and Kelway TopCo Limited (Kelway). The Company is a sales channel partner for many original equipment manufacturers (OEMs) and software publishers (collectively, its vendor partners), whose products it sells or include in the solutions CDW offers. The Company helps its customer base of more than 250,000 small, medium and large business, government, education and healthcare customers by delivering solutions to their IT needs.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *