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

Rating:
Neutral ADP

Automatic Data Processing, Inc. (ADP) rated Neutral by Susquehanna

Posted on: Friday,  Aug 2, 2013  8:25 AM ET by Susquehanna

Automatic Data Processing,
Inc. (NASDAQ: ADP) rated Neutral by Susquehanna.

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.

Susquehanna
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/2/2013 8:25 AM Hold
None
23.48
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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