Analyst Downgrades – Automatic Data Processing (NYSE:ADP) Stock Gets Downgraded By Morgan Stanley from Equal Weight to Underweight

ME Staff
-
0

Analyst Ratings For Automatic Data Processing (NYSE:ADP)

Today, Automatic Data Processing (NYSE:ADP) stock was downgraded by Morgan Stanley from Equal Weight to Underweight with a price target of $100.00.

There are 2 sell ratings, 7 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Automatic Data Processing (NYSE:ADP) is Hold (Score: 2.00) with a consensus target price of $100.25 per share, a potential 13.02% downside.

Some recent analyst ratings include

  • 8/3/2017-Morgan Stanley was Downgraded by analysts at Morgan Stanley from a “Equal Weight ” rating to a ” Underweight” rating. They now have a $100.00 price target on the stock.
  • 7/30/2017-Stifel Nicolaus Reiterated Rating of Hold.
  • 7/30/2017-Robert W. Baird Reiterated Rating of Neutral.
  • 7/28/2017-BMO Capital Markets Reiterated Rating of Outperform.
  • 7/21/2017-William Blair was Downgraded by analysts at William Blair from a “Outperform ” rating to a ” Market Perform” rating.
  • 7/18/2017-Barclays PLC was Downgraded by analysts at Barclays PLC from a “Overweight ” rating to a ” Equal Weight” rating. They now have a $105.00 price target on the stock, up previously from $110.00 .

Dividend information for Automatic Data Processing (NYSE:ADP)

Automatic Data Processing (NYSE:ADP) pays an annual dividend of $2.28 with a yield of 1.98% and an average dividend growth of 6.80% based on a 3 Year Average.

Dividend History for Automatic Data Processing (NYSE:ADP)

  • On 8/2/2017 Automatic Data Processing announced a quarterly dividend of $0.57 1.98% with an ex dividend date of 9/7/2017 which will be payable on 10/1/2017.
  • On 4/5/2017 Automatic Data Processing announced a quarterly dividend of $0.57 2.24% with an ex dividend date of 6/7/2017 which will be payable on 7/1/2017.
  • On 1/17/2017 Automatic Data Processing announced a quarterly dividend of $0.57 2.22% with an ex dividend date of 3/8/2017 which will be payable on 4/1/2017.
  • On 11/8/2016 Automatic Data Processing announced a quarterly dividend of $0.57 2.51% with an ex dividend date of 12/7/2016 which will be payable on 1/1/2017.
  • On 8/2/2016 Automatic Data Processing announced a quarterly dividend of $0.53 2.4% with an ex dividend date of 9/7/2016 which will be payable on 10/1/2016.
  • On 4/6/2016 Automatic Data Processing announced a Quarterly dividend of $0.53 with an ex dividend date of 6/8/2016 which will be payable on 7/1/2016.
  • On 4/6/2016 Automatic Data Processing announced a quarterly dividend of $0.53 2.36% with an ex dividend date of 6/8/2016 which will be payable on 7/1/2016.


    Recent Trading Activity for Automatic Data Processing (NYSE:ADP)
    Shares of Automatic Data Processing closed the previous trading session at 111.43 down -3.82 -3.31% with 9,973,140 shares trading hands.