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Automatic Data Processing

ADPNASDAQ
Logo brought to you by Benzinga Data
$276.41
-1.28-0.46%
At Close: -
$276.41
00.00%
After Hours: 4:39 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$310.00
Lowest Price Target1
$213.00
Consensus Price Target1
$253.56

Automatic Data Processing (NASDAQ:ADP) Stock, Analyst Ratings, Price Targets, Forecasts

Automatic Data Processing Inc has a consensus price target of $253.56 based on the ratings of 19 analysts. The high is $310 issued by Barclays on August 5, 2024. The low is $213 issued by Deutsche Bank on April 27, 2023. The 3 most-recent analyst ratings were released by JP Morgan, Barclays, and B of A Securities on August 20, 2024, August 5, 2024, and August 1, 2024, respectively. With an average price target of $287.33 between JP Morgan, Barclays, and B of A Securities, there's an implied 3.95% upside for Automatic Data Processing Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
1
1
May
1
1
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Barclays
B of A Securities
RBC Capital
Stifel

1calculated from analyst ratings

Analyst Ratings for Automatic Data Processing

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Automatic Data Processing (ADP) stock?

A

The latest price target for Automatic Data Processing (NASDAQ:ADP) was reported by JP Morgan on August 20, 2024. The analyst firm set a price target for $285.00 expecting ADP to rise to within 12 months (a possible 3.11% upside). 21 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Automatic Data Processing (ADP)?

A

The latest analyst rating for Automatic Data Processing (NASDAQ:ADP) was provided by JP Morgan, and Automatic Data Processing maintained their underweight rating.

Q

When was the last upgrade for Automatic Data Processing (ADP)?

A

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.

Q

When was the last downgrade for Automatic Data Processing (ADP)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Automatic Data Processing (ADP)?

A

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 August 20, 2024 so you should expect the next rating to be made available sometime around August 20, 2025.

Q

Is the Analyst Rating Automatic Data Processing (ADP) correct?

A

While ratings are subjective and will change, the latest Automatic Data Processing (ADP) rating was a maintained with a price target of $250.00 to $285.00. The current price Automatic Data Processing (ADP) is trading at is $276.41, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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