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Paychex (PAYX)
NASDAQ:PAYX
Holding PAYX?
Track your performance easily
See the Price Targets and Ratings of:
PAYX Analyst Ratings
Hold
0 Buy
10 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
PAYX Stock 12 Month Forecast
Average Price Target
$138.45
▼(-4.16% Downside)
| Highest Price Target$148.00 | Average Price Target$138.45 | Lowest Price Target$130.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
J.P. Morgan
Reiterated
11/19/24
TD Cowen
Reiterated
11/04/24
Deutsche Bank
Reiterated
10/09/24
Barclays
Reiterated
10/07/24
Robert W. Baird
Reiterated
10/06/24
Morgan Stanley
Reiterated
10/02/24
Stifel Nicolaus
Assigned
10/02/24
Citi
Reiterated
10/02/24
Jefferies
Reiterated
10/01/24
RBC Capital
$148
Hold
2.45%
Upside
Assigned
10/01/24
RBC Capital Keeps Their Hold Rating on Paychex (PAYX)
Bank of America Securities
$113
Sell
-21.78%
Downside
Reiterated
08/19/24
BofA Securities reiterates Underperform Rating on Paychex (PAYX)BofA Securities analyst Jason Kupferberg reiterated an Underperform rating and $113.00 price target on Paychex (NASDAQ: PAYX)
Argus Research
$135
Buy
-6.55%
Downside
Reiterated
06/28/24
Paychex's recent weakness offers buying opportunity, says ArgusPaychex's recent weakness offers buying opportunity, says Argus
Evercore ISI
$116→$130
Hold
-10.01%
Downside
Reiterated
06/26/24
Paychex (PAYX) PT Raised to $130 at Evercore ISIEvercore ISI analyst David Togut raised the price target on Paychex (NASDAQ: PAYX) to $130.00 (from $116.00) while maintaining a In Line rating.
Wolfe Research
$113
Sell
-21.78%
Downside
Reiterated
12/21/23
Recommendation to Sell Paychex Shares Amid Revenue Miss and Shifting Labor Market Trends
Best Analysts Covering Paychex
Which Analyst Should I Follow If I Want to Buy PAYX and Sell After:
1 Month
xxx
Success Rate
10/18 ratings generated profit
Average Return
+0.17%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 55.56% of your transactions generating a profit, with an average return of +0.17% per trade.
3 Months
xxx
Success Rate
6/16 ratings generated profit
Average Return
-2.66%
reiterated a xxx
rating 4 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 37.50% of your transactions generating a profit, with an average return of -2.66% per trade.
1 Year
Success Rate
2/16 ratings generated profit
Average Return
-12.61%
reiterated a sell rating 4 days ago
Copying Tien Tsin Huang's trades and holding each position for 1 Year would result in 12.50% of your transactions generating a profit, with an average return of -12.61% per trade.
2 Years
xxx
Success Rate
2/16 ratings generated profit
Average Return
-20.20%
reiterated a xxx
rating 4 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 12.50% of your transactions generating a profit, with an average return of -20.20% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
PAYX Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
0
0
0
0
0
Buy
2
2
0
0
0
Hold
12
10
4
13
14
Sell
2
4
2
2
1
Strong Sell
0
0
0
0
0
total
16
16
6
15
15
Each month's total comprises the sum of three months' worth of ratings.
PAYX Financial Forecast
PAYX Stock Forecast FAQ
What is PAYX’s average 12-month price target, according to analysts?
Based on analyst ratings, Paychex’s 12-month average price target is $138.45.
What is PAYX’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for PAYX, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is PAYX a Buy, Sell or Hold?
Paychex has a consensus rating of Hold which is based on 0 buy ratings, 10 hold ratings and 1 sell ratings.
What is Paychex’s price target?
The average price target for Paychex is $138.45. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $148.00 ,the lowest forecast is $130.00. The average price target represents -4.16% Decrease from the current price of $144.46.
The highest analyst price target is $148.00 ,the lowest forecast is $130.00. The average price target represents -4.16% Decrease from the current price of $144.46.
What do analysts say about Paychex?
Paychex’s analyst rating consensus is a Hold. This is based on the ratings of 11 Wall Streets Analysts.
How can I buy shares of PAYX?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.