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Paychex Inc. sell Bank of America Co.

Start price
€103.70
03.04.23 / 50%
Target price
€96.61
03.04.24
Performance (%)
6.89%
End price
€110.84
04.04.24
Summary
This prediction ended on 04.04.24 with a price of €110.84. The SELL prediction by Bank_of_America_Co_ shows the price for Paychex Inc. slightly increased by 6.89% during the runtime of the prediction. Bank_of_America_Co_ has a follow-up prediction for Paychex Inc. where he still thinks Paychex Inc. is a Sell. Dividends of €3.28 are taken into consideration when calculating the performance. Bank_of_America_Co_ has 50% into this prediction

Paychex, Inc. (NASDAQ: PAYX) is a leading provider of integrated human capital management (HCM) solutions for payroll, human resources, retirement, and insurance services, catering primarily to small and medium-sized businesses across the United States. Founded in 1971 and headquartered in Rochester, New York, Paychex has earned a reputation for its robust suite of HCM services, including payroll processing, time and attendance management, benefits administration, and regulatory compliance assistance. The company has consistently focused on innovation and development of advanced technologies to streamline its clients' processes, drive efficiency and enhance user experience, making it an influential player in the payroll and HCM sectors. Their continued growth, reliable performance, and dividend payments make Paychex a notable stock for investors seeking exposure to the HCM industry.

Performance without dividends (%)
Name 1w 1m 1y
Paychex Inc. -0.482% -0.482% 14.559%
iShares Core DAX® -0.922% -1.993% 13.399%
iShares Nasdaq 100 0.371% -0.868% 41.541%
iShares Nikkei 225® 2.224% -5.187% 20.497%
iShares S&P 500 -0.026% -0.918% 30.410%

Comments by Bank_of_America_Co_ for this prediction

In the thread Paychex Inc. diskutieren
Prediction Sell
Perf. (%) 6.89%
Target price 96.611
Change
Ends at 03.04.24

Paychex, Inc. (NASDAQ: PAYX) was downgraded by analysts at Bank of America Co. from a "neutral" rating to an "underperform" rating. They now have a $105.00 price target on the stock, down previously from $119.00.
Ratings data for PAYX provided by MarketBeat

In the thread Trading Paychex Inc.
Prediction Sell
Perf. (%) 6.89%
Target price 96.611
Change
Ends at 03.04.24

Die von Bank_of_America_Co_ gewählte maximale Laufzeit wurde überschritten

Current prediction by Bank_of_America_Co_ for Paychex Inc.

Paychex Inc.

Start price
Target price
Perf. (%)
€110.90
28.09.23
€100.44
28.09.24
2.11%
03.05.24

Stopped prediction by Bank_of_America_Co_ for Paychex Inc.

Paychex Inc.

Start price
Target price
Perf. (%)
€111.02
03.04.24
€102.44
03.04.25
0.50%
03.05.24