Automatic Data Processing found using ticker (ADP) now have 16 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 240 and 174 with the average target price sitting at 219.64. Given that the stocks previous close was at 214.69 this now indicates there is a potential upside of 2.3%. The day 50 moving average is 211.31 and the 200 day MA is 213.61. The company has a market cap of $90,003m. You can visit the company’s website by visiting: https://www.adp.com
The potential market cap would be $92,078m 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 lude 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.
