Barclays (LON:BARC) analyst Ramsey El Assal maintained a Hold rating on Paychex (NASDAQ:PAYX) on Friday, setting a price target of $106, which is approximately 0.37% above the present share price of $105.61.
El Assal expects Paychex to post earnings per share (EPS) of $0.97 for the second quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Hold rating of shares in Paychex, with an average price target of $101.36.
The analysts price targets range from a high of $115 to a low of $89.
In its latest earnings report, released on 02/28/2021, the company reported a quarterly revenue of $1.11 billion and a net profit of $468.6 million. The company's market cap is $38.06 billion.
According to TipRanks.com, Barclays analyst Ramsey El Assal is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.1% and a 69.70% success rate.
Paychex, Inc. is one of the leading providers of integrated human capital management solutions in the United States and Europe. The company offers human resource, payroll, retirement, and insurance services for organizations of any size, from startup to enterprise.