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

Rating:
Outperform
ADP
up 394.05 %

Automatic Data Processing, Inc. (ADP) rated Outperform with price target $92 by Robert W. Baird

Posted on: Thursday,  Oct 6, 2011  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Outperform Automatic Data Processing, Inc. (NASDAQ: ADP) on 10/06/2011, when the stock price was $15.79.
Since then, Automatic Data Processing, Inc. has gained 394.05% as of 11/03/2015's recent price of $78.03.
If you would have followed this Robert W. Baird's recommendation on ADP, you would have gained 394.05% of your investment in 1489 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/6/2011 8:25 AM Buy
None
15.79 30.36
as of 12/30/2011
1 Week down  -0.58 %
1 Month up  5.71 %
3 Months up  12.84 %
1 YTD up  12.84 %

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