CDK Global Inc (NASDAQ:CDK) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 5, 2016
Displaying a price of $56.80, CDK Global Inc (NASDAQ:CDK) traded -0.07% lower on the day. The last stock price close is up 4.10% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. CDK has recorded a 50-day average of $57.48 and a two hundred day average of $54.15. 429,143 shares of the stock traded hands, down from an avg. volume of 799,582
Zacks Investment Research has downgraded CDK Global Inc (NASDAQ:CDK) to Hold in a statement released on Wednesday October 05, 2016.
On 10/04/2016, Zacks Investment Research released a statement for CDK Global Inc (NASDAQ:CDK) bumped up the target price from $0.00 to $63.00 that suggested an upside of 0.12%.
With a market capitalization of $0, CDK Global Inc has PE ratio of 37.33 with a one year low of $39.67 and a one year high of $60.09 .
A total of 5 brokerages have issued a report on the stock. Two equity analysts rating the stock a strong buy, 0 firms rating the company a buy, two brokers rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus stock price target of $52.20.
General Information About CDK Global Inc (NASDAQ:CDK)
CDK Global, Inc. provides integrated information technology and digital marketing solutions. The Company's segments include Retail Solutions North America, Advertising North America and CDK International. Through its Retail Solutions North America segment, the Company provides technology-based solutions, including automotive Website platforms, that help automotive retailers, original equipment manufacturers (OEMs) and other industry participants manage the acquisition, sale, financing, insuring, parts supply, repair and maintenance of vehicles. Through its Advertising North America segment, the Company provides advertising solutions, including management of digital advertising spend, for OEMs and automotive retailers. As of June 30, 2016, through its CDK International segment, it provided technology-based solutions similar to the retail solutions provided in its Retail Solutions North America segment in approximately 100 countries outside of the United States and Canada.
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