CDK Global (CDK) Receives Analyst Rating

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 3, which is also a Hold. 1 considers that the stock is a Sell.

CDK Global (CDK) : The highest level CDK Global (CDK) is projected to reach is $65 for the short term and the lowest estimate is at $53. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $60.17 and the possibility the share price can swing is $6.33.


CDK Global (NASDAQ:CDK): After opening at $55.48, the stock dipped to an intraday low of $55.36 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $56.4 and the buying power remained strong till the end. The stock closed at $56.15 for the day, a gain of 1.15% for the day session. The total traded volume was 619,149. The stocks close on the previous trading day was $55.51.

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).

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