Analyst Expectations for Ceridian HCM Holding's Future
Portfolio Pulse from Benzinga Insights
Analysts have recently provided ratings for Ceridian HCM Holding (NYSE:CDAY), with 4 bullish and 3 indifferent ratings in the last quarter. The 12-month average price target for CDAY is $77.43, with a high of $87.00 and a low of $62.00. This target has increased by 19.12% over the past month, indicating a positive shift in analyst sentiment. Analysts typically review stocks quarterly or after major company updates, basing their ratings on financial forecasts and company performance.
December 05, 2023 | 4:01 pm
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POSITIVE IMPACT
Ceridian HCM Holding has received a positive outlook from analysts with 4 bullish and 3 indifferent ratings. The average price target has risen by 19.12% to $77.43, suggesting a positive sentiment towards the company's future performance.
The increase in the average price target for CDAY and the predominance of bullish ratings over the last quarter suggest that analysts are optimistic about the company's future earnings and revenue potential. This positive sentiment is likely to influence investor perception and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100