Log in

NASDAQ:PAYXPaychex Price Target & Analyst Ratings

+1.75 (+2.59 %)
(As of 05/26/2020 04:00 PM ET)
Today's Range
Now: $69.33
50-Day Range
MA: $66.30
52-Week Range
Now: $69.33
Volume3.09 million shs
Average Volume2.61 million shs
Market Capitalization$24.87 billion
P/E Ratio22.58
Dividend Yield3.67%

Analyst Ratings

Paychex (NASDAQ:PAYX) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
13 Wall Street analysts have issued ratings and price targets for Paychex in the last 12 months. Their average twelve-month price target is $70.82, suggesting that the stock has a possible upside of 2.15%. The high price target for PAYX is $92.00 and the low price target for PAYX is $55.00. There are currently 2 sell ratings, 10 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 1.921.852.001.89
Ratings Breakdown: 2 Sell Rating(s)
10 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
9 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $70.82$71.00$84.50$79.33
Price Target Upside: 2.15% upside16.07% upside2.93% downside5.95% downside

Paychex (NASDAQ:PAYX) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Paychex (NASDAQ:PAYX) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/20/2020CowenBoost Price TargetMarket Perform$60.00 ➝ $65.00Medium
5/20/2020Morgan StanleyBoost Price TargetHold ➝ Equal Weight$64.00 ➝ $68.00Medium
5/20/2020Deutsche BankLower Price TargetHold$80.00 ➝ $75.00Medium
3/26/2020BMO Capital MarketsLower Price TargetMarket Perform$87.00 ➝ $70.00Medium
3/26/2020Robert W. BairdLower Price TargetNeutral$87.00 ➝ $67.00High
3/25/2020Jefferies Financial GroupLower Price TargetHold$82.00 ➝ $68.00High
3/24/2020Stifel NicolausLower Price TargetHold$87.00 ➝ $55.00High
3/18/2020JPMorgan Chase & Co.Lower Price TargetUnderweight$91.00 ➝ $70.00High
3/18/2020CitigroupDowngradeBuy ➝ Neutral$65.00High
10/7/2019BarclaysBoost Price TargetEqual Weight$80.00 ➝ $84.00High
10/3/2019ArgusReiterated RatingBuy$92.00Medium
6/27/2019William BlairReiterated RatingMarket PerformLow
6/26/2019Bank of AmericaDowngradeNeutral ➝ UnderperformLow
4/30/2019Sanford C. BernsteinDowngradeMarket Perform ➝ UnderperformLow
3/28/2019Credit Suisse GroupBoost Price TargetOutperform ➝ Outperform$82.00 ➝ $84.00Low
10/4/2018Moffett NathansonInitiated CoverageNeutral ➝ Neutral$79.00Low
8/20/2018GuggenheimInitiated CoverageNeutral$75.00Low
7/17/2018Wolfe ResearchInitiated CoverageMarket PerformLow
6/28/2018Wells Fargo & CoBoost Price TargetMarket Perform ➝ Market Perform$64.00 ➝ $67.00Low
4/2/2018Royal Bank of CanadaReiterated RatingUnderperform ➝ Sector Perform$63.00Medium
6/20/2017Goldman Sachs GroupDowngradeBuy ➝ Neutral$68.00 ➝ $64.00Low
6/6/2017WedbushReiterated RatingNeutral$65.00 ➝ $61.25Low
(Data available from 5/27/2018 forward)
This page was last updated on 5/27/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.