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PAYX
(NASDAQ)
Paychex, Inc.
$99.90-- (--)
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Paychex, Inc. (PAYX) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Paychex, Inc. stock.

Analyst Consensus Rating

Investment consensus from 9 professional research analysts

Consensus Rating

Hold
Based on 9 unique analysts
Medium Confidence1.0:1 Buy/Sell

Average Price Target

$104.00
8.00% Upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest PAYX Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

David Grossman
Stifel Nicolaus
HoldMaintains
$105.00 $110.00
Bryan Keane
Citi
BuyUpgrades
$99.00 $140.00
Daniel Jester
BMO Capital
HoldMaintains
$103.00
Jason Kupferberg
Wells Fargo
SellReiterates
$95.00
Jared Levine
TD Cowen
HoldReiterates
$94.00 $98.00
Ashish Sabadra
RBC Capital
HoldMaintains
$102.00
Ramsey El Assal
Cantor Fitzgerald
SellMaintains
$90.00
Kevin Mcveigh
UBS
HoldMaintains
$98.00 $94.00
Zacks Equity Research
Zacks Equity Research
BuyInitiates Coverage
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Frequently Asked Questions

What is the analyst consensus rating for PAYX?

The analyst consensus rating for PAYX is "Hold" based on 9 analyst recommendations.

What is the average price target for PAYX?

The average 12-month price target for PAYX is $104.00, representing an upside of 8.0% from the current price of $96.30.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.