$243.0697
-3.2703[-1.33%]
At close: Apr 26
$243.0697
0[0.00%]
After Hours: 4:56PM EDT
Automatic Data Processing
(NASDAQ:ADP)Automatic Data Processing Stock (NASDAQ:ADP), Analyst Ratings, Price Targets, Predictions
Automatic Data Processing Inc has a consensus price target of $229.05, established from looking at the 56 latest analyst ratings. The last 3 analyst ratings were released from Evercore ISI Group, Mizuho, and RBC Capital on March 26, 2024, March 11, 2024, and February 1, 2024. With an average price target of $258 between Evercore ISI Group, Mizuho, and RBC Capital, there's an implied 6.14% upside for Automatic Data Processing Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Evercore ISI Group
Mizuho
RBC Capital
B of A Securities
Wolfe Research
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Automatic Data Processing
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/26/2024 | ADP | Buy Now | Automatic Data Processing | $243.07 | -3.32% | Evercore ISI Group | David Togut | $227 → $235 | Maintains | Underperform | Get Alert |
| 03/11/2024 | ADP | Buy Now | Automatic Data Processing | $243.07 | 11.9% | Mizuho | Dan Dolev | $265 → $272 | Maintains | Buy | Get Alert |
| 02/01/2024 | ADP | Buy Now | Automatic Data Processing | $243.07 | 9.85% | RBC Capital | Ashish Sabadra | → $267 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 01/17/2024 | ADP | Buy Now | Automatic Data Processing | $243.07 | -0.03% | B of A Securities | Jason Kupferberg | $217 → $243 | Upgrade | Underperform → Neutral | Get Alert |
| 01/04/2024 | ADP | Buy Now | Automatic Data Processing | $243.07 | — | Wolfe Research | Darrin Peller | — | Upgrade | Underperform → Peer Perform | Get Alert |
| 11/30/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | 2.85% | Stifel | David Grossman | → $250 | Reiterates | Hold → Hold | Get Alert |
| 11/07/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | -3.32% | UBS | Kevin Mcveigh | → $235 | Initiates | → Neutral | Get Alert |
| 10/31/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | 4.91% | Mizuho | Dan Dolev | $285 → $255 | Maintains | Buy | Get Alert |
| 10/26/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | 2.85% | Morgan Stanley | James Faucette | $260 → $250 | Maintains | Equal-Weight | Get Alert |
| 10/26/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | 15.19% | Barclays | Ramsey El-Assal | $285 → $280 | Maintains | Overweight | Get Alert |
| 09/05/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | 9.85% | RBC Capital | Gary Bisbee | → $267 | Initiates | → Sector Perform | Get Alert |
| 08/22/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | 15.19% | JP Morgan | Tien-Tsin Huang | $260 → $280 | Maintains | Underweight | Get Alert |
| 08/17/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | 17.25% | Mizuho | Dan Dolev | $255 → $285 | Maintains | Buy | Get Alert |
| 07/31/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | 17.25% | Barclays | Ramsey El-Assal | $275 → $285 | Maintains | Overweight | Get Alert |
| 07/27/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | 6.97% | Morgan Stanley | James Faucette | $240 → $260 | Maintains | Equal-Weight | Get Alert |
| 06/02/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | -5.38% | UBS | Rayna Kumar | → $230 | Initiates | → Neutral | Get Alert |
| 04/27/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | -12.37% | Deutsche Bank | Bryan Keane | $234 → $213 | Maintains | Hold | Get Alert |
| 04/27/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | -1.26% | Morgan Stanley | James Faucette | $245 → $240 | Maintains | Equal-Weight | Get Alert |
| 04/27/2023 | ADP | Buy Now | Automatic Data Processing | $243.07 | -3.32% | Baird | Mark Mahaney | $249 → $235 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Automatic Data Processing (ADP)?
The latest price target for Automatic Data Processing (NASDAQ: ADP) was reported by Evercore ISI Group on March 26, 2024. The analyst firm set a price target for $235.00 expecting ADP to fall to within 12 months (a possible -3.32% downside). 19 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Automatic Data Processing (ADP)?
The latest analyst rating for Automatic Data Processing (NASDAQ: ADP) was provided by Evercore ISI Group, and Automatic Data Processing maintained their underperform rating.
When was the last upgrade for Automatic Data Processing (ADP)?
The last upgrade for Automatic Data Processing Inc happened on January 17, 2024 when B of A Securities raised their price target to $243. B of A Securities previously had an underperform for Automatic Data Processing Inc.
When was the last downgrade for Automatic Data Processing (ADP)?
The last downgrade for Automatic Data Processing Inc happened on April 3, 2023 when B of A Securities changed their price target from $249 to $211 for Automatic Data Processing Inc.
When is the next analyst rating going to be posted or updated for Automatic Data Processing (ADP)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Automatic Data Processing, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Automatic Data Processing was filed on March 26, 2024 so you should expect the next rating to be made available sometime around March 26, 2025.
Is the Analyst Rating Automatic Data Processing (ADP) correct?
While ratings are subjective and will change, the latest Automatic Data Processing (ADP) rating was a maintained with a price target of $227.00 to $235.00. The current price Automatic Data Processing (ADP) is trading at is $243.07, which is out of the analyst’s predicted range.
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