Oppenheimer analyst Ian Zaffino maintained a Buy rating on CDK Global (NASDAQ:CDK) on Monday, setting a price target of $55, which is approximately 17.67% above the present share price of $46.74.
Zaffino expects CDK Global to post earnings per share (EPS) of $0.46 for the fourth quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in CDK Global, with an average price target of $62.5.
The analysts price targets range from a high of $70 to a low of $55.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $493.6 million and a net profit of $107.3 million. The company's market cap is $5.75 billion.
According to TipRanks.com, Oppenheimer analyst Ian Zaffino is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.1% and a 56.22% success rate.
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.