Zacks Rating on CDK Global (CDK)

CDK Global (CDK) : 2 brokerage houses believe that CDK Global (CDK) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on CDK Global (CDK). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 4 Wall Street Analysts endorse the stock as a Buy with a rating of 2.18.

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, Inc. has dropped 0.67% in the last five trading days, however, the shares have posted positive gains of 0.14% in the last 4 weeks. CDK Global, Inc. is up 6.67% in the last 3-month period. Year-to-Date the stock performance stands at 22.75%. CDK Global (NASDAQ:CDK): stock turned positive on Tuesday. Though the stock opened at $57.7, the bulls momentum made the stock top out at $58 level for the day. The stock recorded a low of $57.56 and closed the trading day at $57.95, in the green by 0.57%. The total traded volume for the day was 956,450. The stock had closed at $57.62 in the previous days trading.

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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