Paychex Receives Hold Rating from Barclays Analyst

Barclays analyst Ramsey El Assal maintained a Hold rating on Paychex (PAYX) with a price target of $155.00. The analyst's average return is -1.5% and success rate is 50.10%. The consensus rating for PAYX is Hold, with a price target consensus of $148.56. Corporate insider sentiment is negative, with an increase in insiders selling their shares in April 2025.

Paychex Inc. (PAYX), a leading provider of business services, has seen a shift in analyst sentiment and price forecasts recently. According to MarketBeat, the consensus rating for PAYX has been "Reduce" based on the ratings of 12 Wall Street analysts over the past 12 months [1]. This rating reflects a majority of analysts recommending investors to hold or sell the stock.

Barclays analyst Ramsey El Assal maintained a Hold rating on PAYX with a price target of $155.00. El Assal's average return is -1.5% and success rate is 50.10%, indicating a moderate track record [1]. The consensus rating for PAYX is also Hold, with a price target consensus of $148.56. This suggests a cautious outlook among analysts, with a slight preference for holding the stock rather than buying or selling it.

The corporate insider sentiment for PAYX has been negative, with an increase in insiders selling their shares in April 2025. This could indicate a lack of confidence among insiders in the company's future prospects [1]. However, it is essential to note that insider sentiment is just one indicator and should be considered alongside other factors when making investment decisions.

Looking at the 12-month price forecasts, the average price target for PAYX is $124.08, with a high forecast of $132.00 and a low forecast of $113.00. This represents a predicted downside of -6.81% from the current price of $133.14 [1]. The analysts' consensus price target indicates a cautious outlook on the stock's performance over the next year.

In conclusion, the current analyst sentiment and price forecasts for Paychex indicate a cautious outlook on the stock. While the consensus rating is Hold, the negative insider sentiment and the predicted downside in the stock's price suggest that investors should approach the stock with caution. As always, it is essential for investors to conduct their own research and consider their risk tolerance before making any investment decisions.

References:
[1] https://www.marketbeat.com/stocks/NASDAQ/PAYX/forecast/