Automatic Data Processing found using ticker (ADP) have now 17 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 181 and 124 calculating the mean target price we have 149.71. With the stocks previous close at 136.57 this is indicating there is a potential upside of 9.6%. There is a 50 day moving average of 138.1 and the 200 moving average now moves to 141.55. The company has a market capitalisation of $58,892m. 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). 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 to small and mid-sized businesses through a co-employment model. This segment offers benefits package, 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.