Brokerage Firm Rating Update 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 3, which is also a Hold. 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): The stock opened at $58.75 and touched an intraday high of $59.5 on Wednesday. During the day, the stock corrected to an intraday low of $58.75, however, the bulls stepped in and pushed the price higher to close in the green at $59.46 with a gain of 0.83% for the day. The total traded volume for the day was 849,891. The stock had closed at $58.97 in the previous trading session.

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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