Automatic Data Processing, Inc. found using ticker (ADP) have now 16 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 278 and 213 with a mean TP of 247.81. Now with the previous closing price of 223.91 this now indicates there is a potential upside of 10.7%. The 50 day moving average now sits at 241.45 while the 200 day moving average is 233.65. The company has a market capitalisation of $93,569m. Company Website: https://www.adp.com
The potential market cap would be $103,556m based on the market concensus.
Automatic Data Processing, Inc. 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.
