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Wells Fargo upgraded CDK Global (NASDAQ:CDK) from Market Perform to Outperform in a report released today.

Wells Fargo has upgraded CDK Global (NASDAQ:CDK) from Market Perform to Outperform in a report released on Wednesday June 21, 2017.

Yesterday CDK Global (NASDAQ:CDK) traded 0.48% higher at $62.14. The company’s 50-day moving average is $62.63 and its 200-day moving average is $63.39. The last stock close price is down -3.53% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 3,364,881 shares of CDK traded hands, up from an avg. volume of 968,230

Performance Chart

CDK Global (NASDAQ:CDK)

With a total market value of $0, CDK Global has PE ratio of 30.73 with a one year low of $53.46 and a one year high of $67.49 .

A total of 5 equity analysts have released a research note on CDK. 2 brokers rating the stock a strong buy, 0 brokerages rating the company a buy, two brokerages rating the company a hold, 2 brokers rating the stock a underperform, and finally zero analysts rating the company a sell with a one year target of $52.20.

More About CDK Global (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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