Automatic Data Processing Stock Price Target and Analyst Ratings (NASDAQ:ADP)

Analyst Price Target for ADP

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$169.94

▼ -11.92% Downside Potential

This price target is based on 18 analysts offering 12 month price targets for Automatic Data Processing in the last 3 months. The average price target is $169.94, with a high forecast of $210.00 and a low forecast of $132.00. The average price target represents a -11.92% upside from the last price of $192.94.

Hold

The current consensus among 18 polled investment analysts is to hold stock in Automatic Data Processing. This rating has held steady since July 2019, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
2 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

10/25/2019

0 strong buy ratings
3 buy ratings
7 hold ratings
3 sell ratings

Ratings as of

1/23/2020

0 strong buy ratings
3 buy ratings
8 hold ratings
3 sell ratings

Ratings as of

4/22/2020

0 strong buy ratings
3 buy ratings
11 hold ratings
4 sell ratings

Ratings as of

7/21/2020

0 strong buy ratings
2 buy ratings
9 hold ratings
4 sell ratings

Ratings as of

10/19/2020

0 strong buy ratings
4 buy ratings
9 hold ratings
4 sell ratings

Ratings as of

1/17/2021

0 strong buy ratings
5 buy ratings
10 hold ratings
4 sell ratings

Ratings as of

3/18/2021

0 strong buy ratings
5 buy ratings
9 hold ratings
4 sell ratings

Ratings as of

4/17/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
3/24/2021	Jefferies Financial Group	Boost Price Target	Hold	$197.00 ➝ $200.00	Medium	i
2/10/2021	Mizuho	Initiated Coverage	Buy	$210.00	Low	i
2/1/2021	Barclays	Boost Price Target	Overweight	$180.00 ➝ $197.00	Low	i
1/29/2021	Citigroup	Upgrade	Neutral ➝ Buy	$180.00 ➝ $190.00	Medium	i
1/28/2021	Morgan Stanley	Boost Price Target	Equal Weight	$159.00 ➝ $171.00	Low	i
1/28/2021	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$150.00 ➝ $173.00	Low	i
1/28/2021	Wells Fargo & Company	Boost Price Target	Overweight	$200.00 ➝ $205.00	Low	i
1/12/2021	Evercore ISI	Downgrade	Outperform ➝ Underperform	$197.00 ➝ $143.00	High	i
12/18/2020	Wells Fargo & Company	Initiated Coverage	Overweight	$200.00	High	i
11/9/2020	Credit Suisse Group	Boost Price Target	Outperform	$185.00 ➝ $190.00	Medium	i
11/2/2020	Barclays	Boost Price Target	Overweight	$145.00 ➝ $180.00	Low	i
10/29/2020	BMO Capital Markets	Boost Price Target	Positive ➝ Market Perform	$149.00 ➝ $165.00	Medium	i
10/29/2020	Morgan Stanley	Boost Price Target	Equal Weight	$147.00 ➝ $159.00	Medium	i
10/28/2020	Jefferies Financial Group	Boost Price Target	Hold	$135.00 ➝ $168.00	Medium	i
9/21/2020	Cowen	Downgrade	Outperform ➝ Market Perform	$150.00 ➝ $143.00	Medium	i
8/17/2020	JPMorgan Chase & Co.	Boost Price Target	Neutral	$138.00 ➝ $151.00	Low	i
7/30/2020	Stifel Nicolaus	Lower Price Target	Hold	$155.00 ➝ $142.00	Low	i
7/30/2020	Wolfe Research	Downgrade	Market Perform ➝ Underperform		High	i
7/30/2020	Citigroup	Lower Price Target	Neutral	$148.00 ➝ $144.00	High	i
7/14/2020	The Goldman Sachs Group	Initiated Coverage	Sell	$146.00	Medium	i
6/23/2020	Citigroup	Lower Price Target		$185.00 ➝ $140.00	Low	i Rating by Peter Christiansen at Citigroup Inc.
5/18/2020	Bank of America	Downgrade	Neutral ➝ Underperform	$132.00	High	i
4/30/2020	BMO Capital Markets	Lower Price Target	Market Perform	$179.00 ➝ $154.00	Low	i
4/30/2020	Morgan Stanley	Boost Price Target	Equal Weight	$140.00 ➝ $147.00	Medium	i
4/30/2020	Stifel Nicolaus	Boost Price Target	Hold	$150.00 ➝ $155.00	Medium	i
4/29/2020	Wedbush	Reiterated Rating	Neutral		Medium	i Rating by M. Katri at Wedbush
4/29/2020	Cfra	Lower Price Target	Hold	$176.00 ➝ $161.00	Low	i
4/24/2020	Cowen	Lower Price Target	Outperform	$195.00 ➝ $158.00	Low	i
4/15/2020	JPMorgan Chase & Co.	Lower Price Target	Neutral	$189.00 ➝ $159.00	Medium	i
4/14/2020	Citigroup	Lower Price Target	Neutral	$185.00 ➝ $140.00	High	i Rating by Peter Christiansen at Citigroup Inc.
4/1/2020	UBS Group	Upgrade	Sell ➝ Neutral		Medium	i
3/24/2020	Morgan Stanley	Lower Price Target	Equal Weight	$145.00 ➝ $137.00	High	i
3/18/2020	Morgan Stanley	Lower Price Target	Equal Weight	$180.00 ➝ $145.00	Low	i
2/2/2020	Credit Suisse Group	Reiterated Rating	Buy	$190.00	Medium	i
1/23/2020	Morgan Stanley	Boost Price Target	Equal Weight	$174.00 ➝ $180.00	Low	i
1/22/2020	Evercore ISI	Upgrade	In-Line ➝ Outperform	$212.00	Low	i
1/14/2020	Citigroup	Boost Price Target	Neutral	$170.00 ➝ $185.00	Low	i
1/7/2020	Moffett Nathanson	Downgrade	Buy ➝ Neutral		Medium	i
11/4/2019	Credit Suisse Group	Reiterated Rating	Buy	$185.00	Low	i
10/31/2019	Wolfe Research	Downgrade	Outperform ➝ Market Perform		Medium	i
9/11/2019	Bank of America	Downgrade	Buy ➝ Neutral		High	i
9/11/2019	Cowen	Initiated Coverage	Outperform	$195.00	High	i
8/15/2019	Morgan Stanley	Boost Price Target	Equal Weight	$150.00 ➝ $174.00	Low	i
8/5/2019	Barclays	Boost Price Target	Overweight	$180.00 ➝ $190.00	Low	i
8/1/2019	Robert W. Baird	Boost Price Target	Neutral	$167.00 ➝ $178.00	Medium	i
8/1/2019	JPMorgan Chase & Co.	Boost Price Target	Neutral	$170.00 ➝ $177.00	Medium	i
7/31/2019	Jefferies Financial Group	Boost Price Target	Hold	$176.00	Low	i
5/6/2019	Barclays	Boost Price Target	Overweight ➝ Overweight	$168.00 ➝ $180.00	Low	i
5/2/2019	Citigroup	Boost Price Target	Neutral ➝ Neutral	$147.00 ➝ $162.00	Low	i
4/30/2019	Sanford C. Bernstein	Downgrade	Outperform ➝ Market Perform		Low	i
11/14/2018	Barclays	Initiated Coverage	Overweight	$168.00	High	i
11/1/2018	Jefferies Financial Group	Boost Price Target	Hold	$167.00	Low	i
11/1/2018	BMO Capital Markets	Lower Price Target	Market Perform ➝ Market Perform	$155.00 ➝ $150.00	Low	i
11/1/2018	Citigroup	Boost Price Target	Neutral ➝ Neutral	$137.00 ➝ $147.00	Low	i
10/4/2018	Moffett Nathanson	Initiated Coverage	Buy ➝ Buy	$180.00	Low	i
10/1/2018	Jefferies Financial Group	Initiated Coverage	Hold	$160.00	Low	i
8/20/2018	Guggenheim	Initiated Coverage	Buy	$175.00	Low	i
8/13/2018	Argus	Boost Price Target	Buy ➝ Buy	$145.00 ➝ $150.00	Low	i
8/10/2018	Credit Suisse Group	Initiated Coverage	Outperform	$160.00	Low	i
7/17/2018	Wolfe Research	Initiated Coverage	Outperform		Low	i
6/13/2018	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold ➝ Hold	$128.00 ➝ $138.00	Low	i
6/13/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$122.00 ➝ $134.00	Low	i Rating by Danyal Hussain at Morgan Stanley
6/13/2018	BMO Capital Markets	Boost Price Target	Market Perform ➝ Market Perform	$126.00 ➝ $138.00	Low	i
6/13/2018	Wedbush	Boost Price Target	Neutral ➝ Neutral	$101.25 ➝ $145.00	Low	i
6/6/2018	Stifel Nicolaus	Boost Price Target	Hold ➝ Hold	$126.00 ➝ $148.00	Low	i
6/4/2018	Argus	Boost Price Target	Buy	$130.00 ➝ $145.00	Low	i
5/4/2018	Bank of America	Boost Price Target	Buy ➝ Buy	$138.00 ➝ $140.00	Low	i
5/3/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ Hold	$114.00 ➝ $122.00	Low	i Rating by Danyal Hussain at Morgan Stanley
5/3/2018	BMO Capital Markets	Boost Price Target	Market Perform ➝ Market Perform	$118.00 ➝ $126.00	High	i
4/19/2018	BMO Capital Markets	Reiterated Rating	Hold	$118.00	Low	i
4/4/2018	Stifel Nicolaus	Lower Price Target	Hold ➝ Hold	$133.00 ➝ $126.00	High	i
4/2/2018	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$119.00 ➝ $130.00	Medium	i
2/1/2018	Royal Bank of Canada	Reiterated Rating	Hold ➝ Neutral		Medium	i
2/1/2018	BMO Capital Markets	Lower Price Target	Outperform ➝ Outperform	$122.00 ➝ $121.00	Low	i
2/1/2018	Barclays	Boost Price Target	Equal Weight ➝ Equal Weight	$121.00 ➝ $128.00	High	i
2/1/2018	Stifel Nicolaus	Boost Price Target	Hold ➝ Hold	$113.00 ➝ $133.00	High	i
1/12/2018	Citigroup	Reiterated Rating	Neutral ➝ Neutral	$110.00 ➝ $118.00	Low	i
12/11/2017	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$116.02 ➝ $135.00	Medium	i
12/5/2017	Bank of America	Upgrade	Neutral ➝ Buy		Low	i
11/15/2017	Morgan Stanley	Reiterated Rating	Equal Weight		N/A	i Rating by Danyal Hussain at Morgan Stanley
11/14/2017	Morgan Stanley	Upgrade	Underweight ➝ Equal	$114.00	N/A	i Rating by Danyal Hussain at Morgan Stanley
11/6/2017	Royal Bank of Canada	Lower Price Target	Sector Perform ➝ Sector Perform	$100.00 ➝ $95.00	N/A	i
11/3/2017	BMO Capital Markets	Lower Price Target	Outperform	$122.00 ➝ $114.00	N/A	i
10/31/2017	Sanford C. Bernstein	Boost Price Target	Outperform	$115.00 ➝ $125.00	N/A	i
10/26/2017	Barclays	Boost Price Target	Equal Weight	$105.00 ➝ $115.00	N/A	i
10/13/2017	Bank of America	Boost Price Target	Neutral	$111.00 ➝ $114.00	N/A	i
10/4/2017	Stifel Nicolaus	Reiterated Rating	Hold	$108.00	Low	i
9/15/2017	Royal Bank of Canada	Reiterated Rating	Hold	$95.00	Low	i
8/21/2017	BMO Capital Markets	Reiterated Rating	Market Perform	$105.00	Medium	i
8/21/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$102.00	Medium	i
8/20/2017	Evercore ISI	Reiterated Rating	In-Line	$115.00	Low	i
8/17/2017	Citigroup	Reiterated Rating	Neutral	$98.00 ➝ $110.00	High	i
8/15/2017	Barclays	Reiterated Rating	Equal Weight	$105.00	Low	i
8/9/2017	Wells Fargo & Company	Reiterated Rating	Market Perform		Low	i
8/9/2017	BMO Capital Markets	Reiterated Rating	Market Perform	$105.00	Low	i
8/3/2017	Argus	Boost Price Target	Buy	$118.00 ➝ $130.00	Low	i
8/3/2017	Morgan Stanley	Downgrade	Equal Weight ➝ Underweight	$98.00 ➝ $100.00	Medium	i
8/1/2017	Royal Bank of Canada	Boost Price Target	Sector Perform ➝ Sector Perform	$94.00 ➝ $95.00	Low	i
7/30/2017	Stifel Nicolaus	Reiterated Rating	Hold	$103.00 ➝ $108.00	Low	i
7/30/2017	Robert W. Baird	Reiterated Rating	Neutral	$95.00	Low	i
7/28/2017	BMO Capital Markets	Reiterated Rating	Outperform	$100.00 ➝ $105.00	Low	i
7/21/2017	William Blair	Downgrade	Outperform ➝ Market Perform		Medium	i Rating by T. Mchugh at William Blair
7/18/2017	Barclays	Downgrade	Overweight ➝ Equal Weight	$110.00 ➝ $105.00	Low	i
6/20/2017	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$115.00 ➝ $108.00	Medium	i
6/2/2017	Evercore ISI	Downgrade	In-Line ➝ Underperform	$85.00	High	i
6/2/2017	Evercore ISI	Reiterated Rating	In-Line ➝ Underperform	$85.00	High	i
5/31/2017	Argus	Lower Price Target	Buy	$118.00 ➝ $101.50	Medium	i
4/27/2017	Barclays	Reiterated Rating	Buy		Low	i
4/25/2017	Barclays	Lower Price Target	Overweight	$115.00 ➝ $113.00	Low	i
4/5/2017	BMO Capital Markets	Reiterated Rating	Hold	$98.00	Low	i
2/7/2017	William Blair	Reiterated Rating	Outperform		N/A	i
2/5/2017	Argus	Reiterated Rating	Buy	$118.00	N/A	i
2/2/2017	BMO Capital Markets	Reiterated Rating	Neutral ➝ Hold		N/A	i
1/30/2017	Stifel Nicolaus	Lower Price Target	Hold	$105.00 ➝ $95.00	N/A	i
1/30/2017	Stifel Nicolaus	Boost Price Target	Hold	$95.00 ➝ $105.00	N/A	i
1/20/2017	Royal Bank of Canada	Reiterated Rating	Hold	$99.00	N/A	i
12/20/2016	Barclays	Initiated Coverage	Overweight	$115.00	N/A	i
12/16/2016	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$114.00	N/A	i
11/3/2016	BMO Capital Markets	Reiterated Rating	Hold		N/A	i
9/9/2016	Wedbush	Initiated Coverage	Neutral	$100.00	N/A	i Rating by M. Katri at Wedbush
9/8/2016	Wedbush	Initiated Coverage	Neutral	$100.00	N/A	i
8/1/2016	Jefferies Financial Group	Boost Price Target	Underperform	$75.00 ➝ $81.00	N/A	i
7/29/2016	JPMorgan Chase & Co.	Reiterated Rating	Hold	$93.00	N/A	i
7/29/2016	Citigroup	Reiterated Rating	Neutral	$89.00 ➝ $90.00	N/A	i
7/29/2016	Citigroup	Boost Price Target	Neutral	$89.00 ➝ $90.00	N/A	i
7/29/2016	Robert W. Baird	Downgrade	Outperform ➝ Neutral	$94.00	N/A	i
7/11/2016	Sanford C. Bernstein	Upgrade	Market Perform ➝ Outperform	$97.00 ➝ $110.00	N/A	i
5/16/2016	Sterne Agee CRT	Reiterated Rating	Neutral		N/A	i Rating by M. Katri at Sterne Agee CRT
5/3/2016	Argus	Boost Price Target	Buy	$96.00 ➝ $98.00	N/A	i
5/2/2016	Royal Bank of Canada	Boost Price Target	Sector Perform	$87.00 ➝ $90.00	N/A	i

(Data available from 4/18/2016 forward)

Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates through two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

Today's Range

Now: $192.94

$191.76

$193.52

50 Day Range

MA: $184.87

$171.01

$193.07

52 Week Range

Now: $192.94

$127.31

$193.76

Volume

1,612,893 shs

Average Volume

2,040,099 shs

Market Capitalization

$82.57 billion

P/E Ratio

33.50

Dividend Yield

1.95%

Beta

0.7

Frequently Asked Questions

What sell-side analysts currently cover shares of Automatic Data Processing?

The following Wall Street research analysts have issued reports on Automatic Data Processing in the last year: Bank of America Co., Barclays PLC, BMO Capital Markets, Cfra, Citigroup Inc., Cowen Inc, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., Mizuho, Morgan Stanley, Stifel Nicolaus, The Goldman Sachs Group, Inc., Wedbush, Wells Fargo & Company, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for ADP.

What is the current price target for Automatic Data Processing?

16 Wall Street analysts have set twelve-month price targets for Automatic Data Processing in the last year. Their average twelve-month price target is $169.94, suggesting a possible downside of 11.9%. Mizuho has the highest price target set, predicting ADP will reach $210.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $132.00 for Automatic Data Processing in the next year.
View the latest price targets for ADP.

What is the current consensus analyst rating for Automatic Data Processing?

Automatic Data Processing currently has 4 sell ratings, 9 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ADP, but not buy more shares or sell existing shares.
View the latest ratings for ADP.

What other companies compete with Automatic Data Processing?

Other companies that are similar to Automatic Data Processing include Visa, Mastercard, Fidelity National Information Services, Fiserv, Global Payments, Paychex, FLEETCOR Technologies, Broadridge Financial Solutions, Jack Henry & Associates, The Western Union, WEX, Genpact, Euronet Worldwide, CoreLogic and Maximus.

How do I contact Automatic Data Processing's investor relations team?

Automatic Data Processing's physical mailing address is ONE ADP BOULVARD, ROSELAND NJ, 07068. The business services provider's listed phone number is 973-974-5000 and its investor relations email address is [email protected] The official website for Automatic Data Processing is www.adp.com.

NASDAQ:ADP - Automatic Data Processing Stock Price Target and Predictions

Analyst Price Target for ADP

Past Monthly Recommendations

Latest Recommendations

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Automatic Data Processing?

What is the current price target for Automatic Data Processing?

What is the current consensus analyst rating for Automatic Data Processing?

What other companies compete with Automatic Data Processing?

How do I contact Automatic Data Processing's investor relations team?