TD Securities analyst Jared Levine has made updates regarding Automatic Data Processing (ADP, Financial), maintaining a "Hold" rating while raising the price target. Previously set at $296, the price target has now been adjusted to $298. This new target represents a 0.68% increase from the prior valuation.
The decision comes as part of TD Securities’ latest review, reflecting a cautiously optimistic outlook on ADP's market performance. Despite the unchanged "Hold" rating, the slight increase in the price target suggests a modest positive sentiment towards ADP's future potential.
As of the latest report on May 1, 2025, Automatic Data Processing (ADP, Financial) continues to be under the spotlight for investors and analysts alike, with market participants keenly observing the company's strategic movements and financial health.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Automatic Data Processing Inc (ADP, Financial) is $310.44 with a high estimate of $350.00 and a low estimate of $284.15. The average target implies an upside of 3.99% from the current price of $298.51. More detailed estimate data can be found on the Automatic Data Processing Inc (ADP) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, Automatic Data Processing Inc's (ADP, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Automatic Data Processing Inc (ADP, Financial) in one year is $311.52, suggesting a upside of 4.36% from the current price of $298.5143. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Automatic Data Processing Inc (ADP) Summary page.
