Short Term Rating on Automatic Data Processing (ADP)

Automatic Data Processing (ADP) : Zacks Investment Research ranks Automatic Data Processing (ADP) as 2, which is a Buy recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 18 research analysts is 2.72, which indicates as a Hold.

Automatic Data Processing (ADP) : 8 Wall Street analysts covering Automatic Data Processing (ADP) believe that the average level the stock could reach for the short term is $86.88. The maximum price target given is $100 and the minimum target for short term is around $70, hence the standard deviation is calculated at $9.79.

Company shares have received an average consensus rating of Hold for the current week


Automatic Data Processing (NASDAQ:ADP): The stock opened at $95.58 on Tuesday but the bulls could not build on the opening and the stock topped out at $95.73 for the day. The stock traded down to $94.75 during the day, due to lack of any buying support eventually closed down at $94.81 with a loss of -0.35% for the day. The stock had closed at $95.14 on the previous day. The total traded volume was 2,265,507 shares.

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 Companys 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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