A statement released earlier today by Vetr Inc. about Automatic Data Processing (NASDAQ:ADP) bumps the target price to $97.81
- Updated: October 16, 2016
Vetr Inc. bumped up the target of Automatic Data Processing (NASDAQ:ADP) to $97.81 stating a potential upside of 0.12%.
On 10/11/2016, Vetr Inc. released a statement on Automatic Data Processing (NASDAQ:ADP) bumped up the target price from $0.00 to $97.81 that suggested an upside of 0.14%.
Boasting a price of $87.56, Automatic Data Processing (NASDAQ:ADP) traded 0.77% higher on the day. With the last close down -1.95% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Automatic Data Processing has recorded a 50-day average of $88.15 and a two hundred day average of $89.30. Volume of trade was down over the average, with 1,381,436 shares of ADP changing hands under the typical 1,576,800
With a total market value of $0, Automatic Data Processing has price-earnings ratio of 26.96 with a one year low of $76.65 and a one year high of $96.00 .
A total of 14 analysts have released a research note on ADP. Four analysts rating the company a strong buy, zero analysts rating the company a buy, fifteen analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the company a sell with a one year target of $89.79.
More About Automatic Data Processing (NASDAQ:ADP)
Automatic Data Processing, Inc. (ADP) is a provider of human capital management (HCM) solutions and business process outsourcing. The Company operates through two segments: Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers a range of business outsourcing and technology-enabled HCM solutions. These offerings include payroll services, benefits administration, recruiting and talent management, human resources management, insurance services, retirement services and payment and compliance solutions. The Company's PEO business, ADP TotalSource, offers small and mid-sized businesses human resources (HR) outsourcing solution through a co-employment model. ADP TotalSource includes HR management and employee benefits functions, including HR administration, employee benefits and employer liability management, into a single-source solution, including HR administration, employee benefits and employer liability management.
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