Pennon Group PLC (LON:PNN) Investors: Credit Suisse Reconfirms Underperform Rating, Sees GBX 690.00/Share; Paychex, Inc. (PAYX) Covered By 1 Bulls

Among 18 analysts covering Paychex (NASDAQ:PAYX), 1 have Buy rating, 2 Sell and 15 Hold. Therefore 6% are positive. Paychex had 44 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Hold” rating by Zacks given on Friday, September 4. As per Monday, November 13, the company rating was maintained by RBC Capital Markets. The stock of Paychex, Inc. (NASDAQ:PAYX) earned “Hold” rating by Robert W. Baird on Monday, September 11. The stock of Paychex, Inc. (NASDAQ:PAYX) has “Neutral” rating given on Thursday, December 17 by Sterne Agee CRT. The firm earned “Equal-Weight” rating on Wednesday, August 16 by Morgan Stanley. On Tuesday, January 9 the stock rating was downgraded by Bank of America to “Hold”. As per Thursday, January 7, the company rating was downgraded by Bank of America. As per Thursday, August 17, the company rating was maintained by Stifel Nicolaus. On Thursday, December 21 the stock rating was maintained by Robert W. Baird with “Hold”. The stock of Paychex, Inc. (NASDAQ:PAYX) earned “Hold” rating by BMO Capital Markets on Friday, August 18. See Paychex, Inc. (NASDAQ:PAYX) latest ratings:

22/01/2018 Broker: BMO Capital Markets Rating: Hold New Target: $70.0 Maintain
09/01/2018 Broker: Bank of America Rating: Hold Downgrade
21/12/2017 Broker: Robert W. Baird Rating: Hold New Target: $71.0 Maintain
21/12/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $68.0 Maintain
21/12/2017 Broker: RBC Capital Markets Rating: Sell New Target: $65.0 Maintain
21/12/2017 Broker: BMO Capital Markets Rating: Hold New Target: $68.0 Maintain
15/12/2017 Broker: Barclays Capital Rating: Hold New Target: $68.0
05/12/2017 Broker: Bank of America Rating: Buy New Target: $73.0
04/12/2017 Broker: Citigroup Rating: Hold New Target: $67.0 Upgrade
20/11/2017 Broker: RBC Capital Markets Rating: Sell New Target: $59.0 Maintain

In analysts report made public on today, Credit Suisse reaffirmed their Underperform rating on Pennon Group PLC (LON:PNN)‘s stock. The PT would indicate a potential upside of 18.11% from company’s close price.

The stock decreased 3.14% or $2.06 during the last trading session, reaching $63.49. About 2.42 million shares traded or 11.40% up from the average. Paychex, Inc. (NASDAQ:PAYX) has risen 11.22% since March 23, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

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 $22.81 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 27.37 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.

Since September 25, 2017, it had 0 buys, and 7 insider sales for $8.57 million activity. Vossler Jennifer R. had sold 10,000 shares worth $682,900. 17,354 shares were sold by Zaucha Laurie L., worth $1.11M on Monday, October 9. 29,786 shares were sold by MUCCI MARTIN, worth $1.88M. Gioja Michael E also sold $2.36 million worth of Paychex, Inc. (NASDAQ:PAYX) on Thursday, January 4.

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.10, from 1.02 in 2017Q2. It fall, as 57 investors sold Paychex, Inc. shares while 263 reduced holdings. 65 funds opened positions while 260 raised stakes. 238.82 million shares or 0.48% more from 237.67 million shares in 2017Q2 were reported. Arkansas-based Retail Bank Of The Ozarks has invested 0.2% in Paychex, Inc. (NASDAQ:PAYX). Pinnacle Ptnrs Inc reported 4,300 shares. Horrell Mgmt reported 0.1% in Paychex, Inc. (NASDAQ:PAYX). Mitsubishi Ufj Hldg reported 290 shares. East Coast Asset Mngmt Ltd Limited Liability Company owns 22,171 shares for 0.35% of their portfolio. Retirement Systems Of Alabama invested in 0.05% or 155,184 shares. Ameriprise Fincl has invested 0.11% in Paychex, Inc. (NASDAQ:PAYX). Gofen & Glossberg Limited Liability Co Il holds 0.09% or 40,095 shares. Janney Montgomery Scott Ltd Limited Liability Company holds 0.09% or 132,196 shares in its portfolio. 240,765 are held by Nomura Asset Mgmt. Ftb Advisors owns 5,478 shares or 0.03% of their US portfolio. Brookmont Mgmt holds 63,196 shares or 2.07% of its portfolio. Beck Mack And Oliver Ltd Liability Co reported 4,047 shares or 0.01% of all its holdings. Opus Management holds 1.08% or 99,700 shares in its portfolio. Connecticut-based Aqr Cap Mngmt Ltd Liability has invested 0.03% in Paychex, Inc. (NASDAQ:PAYX).

Among 17 analysts covering Pennon Group PLC (LON:PNN), 9 have Buy rating, 3 Sell and 5 Hold. Therefore 53% are positive. Pennon Group PLC has GBX 1000 highest and GBX 680 lowest target. GBX 852.16’s average target is 45.92% above currents GBX 584 stock price. Pennon Group PLC had 152 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan on Thursday, October 26 with “Neutral”. The firm has “Buy” rating given on Wednesday, February 24 by UBS. The rating was maintained by Deutsche Bank on Friday, May 26 with “Buy”. The rating was maintained by Deutsche Bank on Tuesday, January 12 with “Buy”. Credit Suisse maintained the stock with “Underperform” rating in Monday, February 6 report. The stock has “Neutral” rating by Bryan Garnier & Cie on Monday, October 26. The stock has “Underperform” rating by Credit Suisse on Friday, September 9. The firm has “Buy” rating given on Tuesday, May 16 by Deutsche Bank. The stock of Pennon Group Plc (LON:PNN) has “Buy” rating given on Thursday, October 22 by HSBC. The rating was maintained by HSBC on Friday, July 21 with “Buy”.

The stock decreased 0.78% or GBX 4.6 during the last trading session, reaching GBX 584. About 183,521 shares traded. Pennon Group Plc (LON:PNN) has 0.00% since March 23, 2017 and is . It has underperformed by 16.70% the S&P500.

Pennon Group Plc engages in the environmental infrastructure businesses worldwide. The company has market cap of 2.45 billion GBP. The firm operates through Water, and Waste Management divisions. It has a 13.36 P/E ratio. The Water segment comprises the regulated water and wastewater services for clients in Cornwall, Devon, and parts of Dorset and Somerset serving 1.7 million customers; and water services in the areas of Dorset, Hampshire, and Wiltshire serving approximately 0.5 million customers.