Automatic Data Processing found using ticker (ADP) have now 16 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 188 and 124 and has a mean target at 150.75. Now with the previous closing price of 137.12 this would indicate that there is a potential upside of 9.9%. There is a 50 day moving average of 146.93 and the 200 moving average now moves to 150.3. The company has a market cap of $57,129m. 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.