Automatic Data Processing found using ticker (ADP) have now 16 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 155.44. With the stocks previous close at 147.6 this is indicating there is a potential upside of 5.3%. The 50 day MA is 149.24 while the 200 day moving average is 151.55. The company has a market capitalisation of $63,370m. You can visit the company’s website by visiting: 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.