CBIZ: BMO Capital Initiates Coverage with Outperform Recommendation, Analysts Predict 95.18% Upside

BMO Capital initiates coverage of CBIZ (NYSE:CBZ) with an Outperform recommendation. The average one-year price target for CBIZ is $51.00/share, representing a 95.18% increase from its latest closing price of $26.13/share. The projected annual revenue for CBIZ is $1,540MM, a decrease of 44.16%, and the projected annual non-GAAP EPS is 3.39. There are 270 funds reporting positions in CBIZ, with an average portfolio weight of 0.19%. The put/call ratio of CBZ is 0.89, indicating a bullish outlook.