A statement released earlier today by Vetr Inc. about Automatic Data Processing (NASDAQ:ADP) raises the target price to $97.00
- Updated: September 20, 2016
Yesterday Automatic Data Processing (NASDAQ:ADP) traded 1.42% higher at $87.68. The company’s 50-day moving average is $89.12 and its 200-day moving average is $89.30. The last closing price is down -1.69% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,738,728 shares of the stock traded hands, down from an avg. volume of 1,758,300
In a report released on 09/20/2016 Vetr Inc. increased the stock price target of Automatic Data Processing (NASDAQ:ADP) to $97.00 indicating a possible upside of 0.11%.
Previously on Friday September 09, 2016, Wedbush reported on Automatic Data Processing (NASDAQ:ADP) increased the target price from $0.00 to $100.00. At the time, this indicated a possible upside of 0.12%.
Recent Performance Chart
Automatic Data Processing has PE ratio of 27.03 with a one year low of $76.65 and a one year high of $96.00 and has a market capitalization of $0.
A total of 14 analysts have released a report on Automatic Data Processing. 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 12-month price target of $89.79.
General Company Details For 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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