Automatic Data Processing with ticker code (ADP) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 278 and 213 and has a mean target at 247.81. With the stocks previous close at 228.99 this would indicate that there is a potential upside of 8.2%. There is a 50 day moving average of 245.05 and the 200 day MA is 233.71. The market capitalisation for the company is $93,368m. Find out more information at: https://www.adp.com
The potential market cap would be $101,042m 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.
