Automatic Data Processing found using ticker (ADP) have now 16 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 278 and 213 calculating the average target price we see 247.81. Given that the stocks previous close was at 222.78 this is indicating there is a potential upside of 11.2%. There is a 50 day moving average of 234.69 and the 200 day MA is 233.83. The market cap for the company is $91,812m. Find out more information at: https://www.adp.com
The potential market cap would be $102,127m 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, as well as integrated HCM solutions. 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, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
