Market Exclusive

Automatic Data Processing (NASDAQ:ADP) price target raised to $147.00 by Citigroup

Analyst Ratings For Automatic Data Processing (NASDAQ:ADP)

Today, Citigroup raised its price target on Automatic Data Processing (NASDAQ:ADP) to $147.00 per share.

There are 8 Hold Ratings, 8 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Automatic Data Processing (NASDAQ:ADP) is Buy with a consensus target price of $147.20 per share, a potential 4.75% upside.

Some recent analyst ratings include


About Automatic Data Processing (NASDAQ:ADP)
Automatic Data Processing, Inc. provides business process outsourcing services worldwide. It operates through two segments, Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers various human resources (HR) outsourcing and technology-based human capital management solutions. Its offerings include payroll, benefits administration, talent management, HR management, time and attendance management, insurance, retirement, and compliance services. This segment provides a range of solutions, which businesses of various types and sizes can use to activate talent, as well as recruit, pay, manage, and retain their workforce. It serves approximately 630,000 clients through its cloud-based strategic software as a service offering. The PEO Services segment provides HR outsourcing solutions through a co-employment model. This segment offers HR administration services, including employee recruitment, payroll and tax administration, time and attendance management, benefits administration, employee training and development, online HR management tools, and employee leave administration. It also provides employee benefits that enable eligible worksite employees with access to a 401(k) retirement savings plan, health savings accounts, flexible spending accounts, group term life and disability coverage, and an employee assistance program, as well as group health, dental, and vision coverage. In addition, this segment offers employer liability management services comprising workers' compensation program, unemployment claims management, safety compliance guidance and access to safety training, access to employment practices liability insurance, and guidance on compliance with the United States federal, state, and local employment laws and regulations. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

Recent Trading Activity for Automatic Data Processing (NASDAQ:ADP)
Shares of Automatic Data Processing closed the previous trading session at 140,56 −3,52 2,44 % with 144 shares trading hands.

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