Oppenheimer analyst Ian Zaffino maintained a Buy rating on CDK Global (NASDAQ:CDK) on Wednesday, setting a price target of $65, which is approximately 23.72% above the present share price of $52.54.
Zaffino expects CDK Global to post earnings per share (EPS) of $7.06 for the second quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in CDK Global, with an average price target of $68.
The analysts price targets range from a high of $71 to a low of $65.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $433.1 million and a net profit of $121.6 million. The company's market cap is $6.4 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 9.6% and a 55.66% 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.