Automatic Data Processing with ticker code (ADP) have now 16 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 257 and 199 calculating the average target price we see 233.38. With the stocks previous close at 211.2 this would imply there is a potential upside of 10.5%. There is a 50 day moving average of 213.44 and the 200 day moving average is 219.46. The market cap for the company is $89,452m. Visit the company website at: https://www.adp.com
The potential market cap would be $98,846m based on the market concensus.
Automatic Data Processing provides cloud-based human capital management solutions worldwide. It operates in 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.
