Home » USA Broker Ratings » Automatic Data Processing – Consensus Indicates Potential -3.6% Downside

Automatic Data Processing – Consensus Indicates Potential -3.6% Downside

Automatic Data Processing found using ticker (ADP) now have 15 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 188 and 132 with the average target price sitting at 155.4. Given that the stocks previous close was at 161.15 this would indicate that there is a downside of -3.6%. The 50 day moving average now sits at 143.05 and the 200 day MA is 155.67. The company has a market capitalisation of $67,771m. Company Website: http://www.adp.com

Automatic Data Processing provides cloud-based human capital management solutions worldwide. It operates through two segments, Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services. The PEO Services segment provides HR outsourcing solutions through a co-employment model. This segment offers protection and compliance, talent engagement, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

Join us on our new LinkedIn page

Follow us on LinkedIn