Brokerage Firm Rating on CDK Global (CDK)

CDK Global (CDK) has an average broker rating of 2.18, which is interpreted as a Buy, as rated by 4 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy. 1 considers that the stock is a Sell.

CDK Global (CDK) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $65 and the lowest price target forecast is $53. The average forecast of all the analysts is $60.17 and the expected standard deviation is $6.33.


For the current week, the company shares have a recommendation consensus of Buy. CDK Global (NASDAQ:CDK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $58.69 and $58.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $58.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $58.52, notching a gain of 0.14% for the day. The total traded volume was 560,081 . The stock had closed at $58.44 on the previous day.

In a related news, The officer (VP & President, ARNA), of Cdk Global, Inc., Karp Robert N. had unloaded 27,573 shares at $55.12 per share in a transaction on June 1, 2016. The total value of transaction was $1,519,824. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

CDK Global, Inc. is a global provider, both integrated technology and digital marketing/advertising solutions to the automotive retail industry. The Companys solutions automate and integrate critical workflow processes from pre-sale targeted advertising and marketing campaigns to the sale, financing, insurance, parts supply, repair and maintenance of vehicles, with an increasing focus on utilizing big data analytics and predictive intelligence. The Companys solutions address the entire automotive retailers value chain. The Company operates in three segments: Automotive Retail Solutions North America (North American Automotive Retail), Automotive Retail Solutions International (International Automotive Retail), and Digital Marketing Solutions (Digital Marketing).

Comments (0)

Leave a Reply

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

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.