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Enter Symbol:
 
Automatic Data Processing, Inc. (ADP) [hlAlert]

Rating:
Neutral ADP

Automatic Data Processing, Inc. (ADP) rated Neutral with price target $61 by UBS

Posted on: Wednesday,  Feb 6, 2013  11:25 AM ET by UBS

UBS rated Neutral Automatic Data Processing, Inc. (NASDAQ: ADP) on 02/06/2013. Previously UBS rated Buy Automatic Data Processing, Inc. (NASDAQ: ADP) on
08/13/2012., when the stock price was $18.83. Since then, Automatic Data Processing, Inc. has gained 2.44% as of 09/25/2012's recent price of $19.29.
If you would have followed the previous UBS's recommendation on ADP, you would have gained 2.43% of your investment in 43 days.

Automatic Data Processing, Inc. (ADP) is engaged in providing business outsourcing solutions. ADP offers a range of human resource (HR), payroll, tax and benefits administration solutions from a single source. ADP is also a provider of integrated computing solutions to automotive, heavy truck, motorcycle, marine and recreational vehicle dealers globally. The Company?s segment includes Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. Employer Services offers a range of HR information, payroll processing, tax and benefits administration solutions and services, including traditional and Web-based outsourcing solutions, that assist approximately 540,000 employers in the United States, Canada, Europe, South America (primarily Brazil), Australia and Asia to staff, manage, pay and retain their employees. In November 2009, the Company announced the purchase of HRinterax, Inc.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/6/2013 11:25 AM Hold
None
20.02 20.13
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/25/2012 12:25 PM Hold
None
19.29 19.47
8/13/2012 12:25 PM Buy
None
18.83 21.12
3/1/2012 12:25 PM Buy
None
18.14 20.79
5/11/2009 8:25 AM Hold
None
12.15
1/14/2008 10:50 AM Hold
None
13.27

(*) Stock Price at the time of the recommendation.
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