Deutsche Bank (DE:DBKGn) analyst Bryan Keane maintained a Hold rating on Paychex (NASDAQ:PAYX) on Friday, setting a price target of $103, which is approximately 2.47% below the present share price of $105.61.
Keane expects Paychex to post earnings per share (EPS) of $0.97 for the second quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Hold rating of shares in Paychex, with an average price target of $100.9.
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, Deutsche Bank analyst Bryan Keane is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.7% and a 77.63% 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.