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Automatic Data Processing (NASDAQ:ADP - Get Rating) had its price target lifted by analysts at Mizuho from $257.00 to $276.00 in a research note issued to investors on Friday, The Fly reports. Mizuho's price objective would suggest a potential upside of 5.11% from the company's current price.
Other research analysts also recently issued reports about the stock. StockNews.com downgraded shares of Automatic Data Processing from a "buy" rating to a "hold" rating in a research note on Thursday, November 17th. Cowen upped their target price on shares of Automatic Data Processing to $237.00 in a research note on Thursday, October 27th. Barclays upped their target price on shares of Automatic Data Processing to $280.00 in a research note on Tuesday, August 9th. Cowen upped their target price on shares of Automatic Data Processing from $230.00 to $236.00 in a research note on Tuesday, September 20th. Finally, Robert W. Baird upped their target price on shares of Automatic Data Processing to $251.00 in a research note on Tuesday, November 1st. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $242.27.
ADP opened at $262.58 on Friday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.16. Automatic Data Processing has a 52-week low of $192.26 and a 52-week high of $264.00. The company has a 50 day moving average of $237.94 and a two-hundred day moving average of $230.58. The company has a market cap of $108.93 billion, a P/E ratio of 36.32, a P/E/G ratio of 2.69 and a beta of 0.82
