CDK Global (CDK) Gets a Buy Rating from Barrington

In a report released today, Gary Prestopino from Barrington maintained a Buy rating on CDK Global (CDK – Research Report), with a price target of $57.50. The company’s shares closed last Wednesday at $43.45.

According to TipRanks.com, Prestopino is a top 100 analyst with an average return of 40.5% and a 54.3% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Bottomline Technologies, and PowerFleet.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CDK Global with a $52.75 average price target.

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CDK Global’s market cap is currently $4.98B and has a P/E ratio of 5.01.

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CDK Global, Inc. engages in the provision of integrated information technology and digital marketing solutions to the automotive retail industry. It operates through following segments: CDK North America and CDK International. The CDK North America segment provides technology-based solutions. The CDK International segment caters to the United States and Canada. The company was founded on September 30, 2014 and is headquartered in Hoffman Estates, IL.

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