On July 10, 2025, BMO Capital initiated coverage of Automatic Data Processing (ADP, Financial), one of the leading companies in human capital management solutions. The firm, led by analyst Daniel Jester, has set a price target of $340.00 USD for ADP.
This new coverage comes with a "Market Perform" rating. As this is the initial rating by BMO Capital on Automatic Data Processing, there is no prior rating or price target for comparison.
ADP continues to be a prominent player in the financial services and software sectors, ensuring significant attention from investors and analysts alike. The new price target reflects BMO Capital's current assessment of the company's market standing and future potential.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Automatic Data Processing Inc (ADP, Financial) is $314.18 with a high estimate of $350.00 and a low estimate of $291.11. The average target implies an upside of 1.87% from the current price of $308.41. More detailed estimate data can be found on the Automatic Data Processing Inc (ADP) Forecast page.
Based on the consensus recommendation from 16 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 $316.54, suggesting a upside of 2.64% from the current price of $308.41. 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.
