Analyst Advice And Earnings Insight: Automatic Data Processing, Inc. (ADP), Citizens Financial Group, Inc. (CFG)

The recently concluded session had traders exchanging Automatic Data Processing, Inc. (NASDAQ:ADP) low level. Roughly 2.29 million shares changed hands compared to the three-month volume average 2.41 million shares. The first trade took place at $117.29 and the stock went up 0.76% to attain the closing price of $115.68.

Automatic Data Processing, Inc. (ADP) Analyst Opinion

Automatic Data Processing, Inc. has a consensus hold rating from 18 Wall Street analysts, and the number of shares currently sold short amount to at least 1.3% of shares outstanding. The stock spiked 3.06% last month and is up 12.55 this year. Wall Street is only getting more bullish on the stock, with 2 of analysts who cover ADP having a buy-equivalent rating. Analysts have placed a $111.95 price target on Automatic Data Processing, Inc., suggesting a -3.22% decline from recent close. It’s currently trading about -5% below its 52-week high.

Automatic Data Processing, Inc. Earnings Surprise

Automatic Data Processing, Inc. (ADP) surprised the stock market in its last reported earnings when it earned $0.91 a piece versus the consensus-estimated $0.85. Its revenue totaled $3.06 billion down -0.14% from the previous quarter.

Automatic Data Processing, Inc. (NASDAQ:ADP) Intraday View

This stock (ADP) is ahead of its 52-week low with 22.92%. Its last month’s stock price volatility remained 2.32% which for the week stands at 1.52%. The share price has moved forward from its 20 days moving average, trading at a distance of 3.51% and stays 2.55% away from its 50 days moving average. Over the last five days, shares have managed 4.01% gains and now is up 9.05% since hitting its 200-day moving average of $107.88. Automatic Data Processing, Inc. (ADP) has made its way to a 12-month gain of 20.44%.

Turning to Citizens Financial Group, Inc. (NYSE:CFG), its shares were trading at $40.89 a retreat of $-0.96, on the trading floor. The stock, after opening at $41.83, touched a high of $42.09 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.4. Citizens Financial Group, Inc. has 5 buy ratings, 10 holds and 0 sells even after the stock tumbled -3.83% from its high of $42.52 to a $20.1 billion market value through last close.

Citizens Financial Group, Inc. (CFG) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.39 to 2.39 during a month. Analysts set a 12-month price target of $40.84 a share. The target implies a -0.12% decrease from where the shares are currently trading. Also, the current price highlights a discount of 17.39% to analysts’ high consensus price target.

Citizens Financial Group, Inc. (NYSE:CFG) Intraday Trading

The counter witnessed a trading volume of 6.18 million shares versus an average volume of 4.85 million shares during last trading session. Its last month’s stock price volatility remained 3.7% which for the week approaches 2.41%. The lowest price the stock reached in the last trading day was $40.74 and compares with the $31.51 52-week low. The stock recovered 29.77% since its low point and has performed 14.76% year-to-date.

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