▼ -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.
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.
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.