On May 21, 2025, TD Securities released an update on Automatic Data Processing (ADP, Financial), maintaining its current "Hold" rating while raising the price target. The updated price target now stands at $321.00, up from the previous $298.00, reflecting a 7.72% increase. This evaluation by analyst Bryan Bergin continues to suggest a neutral stance on the stock, as indicated by the maintained "Hold" rating.
ADP, a key player in the field of human resources management software and services, has seen its price target adjusted by TD Securities without a change in its rating. This signals confidence in the company's future potential, ensuring that investors remain informed about potential market movements for ADP stocks.
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 $313.51 with a high estimate of $350.00 and a low estimate of $291.11. The average target implies an downside of 2.88% from the current price of $322.80. More detailed estimate data can be found on the Automatic Data Processing Inc (ADP) Forecast page.
Based on the consensus recommendation from 17 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 $313.32, suggesting a downside of 2.94% from the current price of $322.8. 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.
