Automatic Data Processing with ticker code (ADP) now have 15 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 188 and 132 calculating the average target price we see 156.07. With the stocks previous close at 147.45 this indicates there is a potential upside of 5.8%. There is a 50 day moving average of 145.5 and the 200 moving average now moves to 153.91. The market capitalisation for the company is $62,197m. 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.