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A statement released earlier today by Zacks Investment Research about CBIZ, Inc. (NYSE:CBZ) raises the target price to $12.00

Yesterday CBIZ, Inc. (NYSE:CBZ) traded 0.36% higher at $11.15. The company’s 50-day moving average is $11.30 and its 200-day moving average is $10.61. The last stock close price is up 5.13% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 68,103 shares of the stock were exchanged, down from an average trading volume of 126,928

In a report issued Wednesday September 21, 2016 Zacks Investment Research increased the target of CBIZ, Inc. (NYSE:CBZ) to $12.00 reporting a potential upside of 0.08%.

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CBIZ, Inc. has a 52 week low of $9.30 and a 52 week high of $11.82 with a PE ratio of 15.70 The company’s market cap is currently $0.

Also covering CBIZ, Inc.'s price target, a total of 2 brokerages have issued a ratings update on CBIZ, Inc.. The 12-month price target is $10.75 with one brokerage rating the company a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 1 analyst rating the company a sell.

More About CBIZ, Inc. (NYSE:CBZ)

CBIZ, Inc. is engaged in providing professional business services, products and solutions to businesses, as well as individuals, governmental entities and not-for-profit enterprises, throughout the United States and parts of Canada. The Company's business units are aggregated into three practice groups: Financial Services, National Practices and Employee Services. The Financial Services practice group offers accounting and tax compliance, and consulting, as well as litigation support. The Employee Services practice group offers employee benefits consulting and brokerage, property and casualty brokerage, retirement plan advisory services, payroll services, human capital advisory services, actuarial services and life insurance services. The National Practices group offers technology services and healthcare consulting services.

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