Automatic Data Processing found using ticker (ADP) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 188 and 132 with a mean TP of 156.07. Now with the previous closing price of 147.29 this would indicate that there is a potential upside of 6.0%. There is a 50 day moving average of 144.63 and the 200 day MA is 154.98. The market cap for the company is $65,231m. 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.