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

The latest price target for Automatic Data Processing (NASDAQ: ADP) was reported by TD Cowen on May 2, 2024. The analyst firm set a price target for $251.00 expecting ADP to rise to within 12 months (a possible 3.32% upside). 19 analyst firms have reported ratings in the last year.

The latest analyst rating for Automatic Data Processing (NASDAQ: ADP) was provided by TD Cowen, and Automatic Data Processing maintained their hold rating.

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.

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.

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 May 2, 2024 so you should expect the next rating to be made available sometime around May 2, 2025.

While ratings are subjective and will change, the latest Automatic Data Processing (ADP) rating was a maintained with a price target of $253.00 to $251.00. The current price Automatic Data Processing (ADP) is trading at is $242.94, which is out of the analyst’s predicted range.