In an analyst note revealed to clients and investors on Monday, 8 January, NewRiver Retail Ltd (LON:NRR) stock had its “Buy” Rating reaffirmed by stock analysts at Liberum Capital. They currently have a GBX 370.00 PT on company. Liberum Capital’s target means a potential upside of 15.63% from the company’s last stock price.
Paychex, Inc. provides payroll, human resource , retirement, and insurance services for small to medium-sized businesses in the United States and Germany. The company has market cap of $24.53 billion. The firm offers payroll processing services that include payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. It has a 29.95 P/E ratio. It also provides HR outsourcing services, such as Paychex HR solutions comprising payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services.
Ratings analysis reveals 17% of Paychex’s analysts are positive. Out of 6 Wall Street analysts rating Paychex, 1 give it “Buy”, 2 “Sell” rating, while 3 recommend “Hold”. The lowest target is $48.0 while the high is $65.0. The stock’s average target of $57.50 is -15.79% below today’s ($68.28) share price. PAYX was included in 6 notes of analysts from September 9, 2016. The firm has “Underperform” rating by RBC Capital Markets given on Thursday, December 22. The firm has “Sell” rating by Compass Point given on Thursday, December 22. Barclays Capital initiated Paychex, Inc. (NASDAQ:PAYX) rating on Tuesday, December 20. Barclays Capital has “Equal Weight” rating and $63.0 target. The firm earned “Mkt Perform” rating on Wednesday, January 11 by Bernstein. Wedbush initiated Paychex, Inc. (NASDAQ:PAYX) on Friday, September 9 with “Neutral” rating. The stock of Paychex, Inc. (NASDAQ:PAYX) has “Buy” rating given on Friday, December 16 by Goldman Sachs.
Since January 1, 0001, it had 0 insider purchases, and 6 selling transactions for $7.89 million activity.
Mcdonald Capital Investors Inc Ca holds 10.96% of its portfolio in Paychex, Inc. for 2.14 million shares. Ensemble Capital Management Llc owns 595,325 shares or 7.48% of their US portfolio. Moreover, Bluespruce Investments Lp has 4.62% invested in the company for 409,029 shares. The Kentucky-based Parthenon Llc has invested 4.29% in the stock. Paragon Capital Management Llc, a Kansas-based fund reported 204,713 shares.
The stock decreased 0.63% or $0.43 during the last trading session, reaching $68.28. About 2.26 million shares traded or 18.53% up from the average. Paychex, Inc. (PAYX) has risen 11.22% since January 9, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.
NewRiver REIT pic is a premium listed REIT on the London Stock Exchange and a constituent of the FTSE 250 and EPRA indices. The company has market cap of 967.73 million GBP. The Firm is a specialist real estate investor, asset manager and developer focused solely on the UK retail and leisure sector. It has a 13.65 P/E ratio. Founded in 2009, NewRiver is one of the UK's largest owner/managers of convenience-led shopping centres with assets under management of ??1.3 billion principally comprising 33 UK wide shopping centres together with further nationwide retail and leisure assets.