Paycor HCM Inc (NASDAQ:PYCR) Receives Consensus Rating of “Buy” from Brokerages

Shares of Paycor HCM Inc (NASDAQ:PYCR) have been assigned a consensus rating of “Buy” from the twelve research firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $41.42.

A number of analysts have recently issued reports on the stock. Robert W. Baird assumed coverage on shares of Paycor HCM in a research note on Monday, August 16th. They set an “outperform” rating and a $42.00 target price for the company. Needham & Company LLC reaffirmed a “buy” rating and set a $42.00 price target on shares of Paycor HCM in a research report on Wednesday, September 1st. Jefferies Financial Group began coverage on shares of Paycor HCM in a research report on Monday, August 16th. They set a “buy” rating and a $45.00 price target on the stock. JMP Securities raised their target price on shares of Paycor HCM from $42.00 to $44.00 and gave the company a “market outperform” rating in a report on Wednesday, September 1st. Finally, Credit Suisse Group raised their target price on shares of Paycor HCM from $41.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, September 1st.

PYCR traded up $1.96 during trading hours on Friday, hitting $31.35. 10,019 shares of the company’s stock were exchanged, compared to its average volume of 465,448. Paycor HCM has a 1-year low of $24.00 and a 1-year high of $39.71. The stock has a market capitalization of $5.47 billion and a price-to-earnings ratio of 136.30.

Paycor HCM Company Profile

Paycor HCM Inc creates Human Capital Management software. Paycor HCM Inc is based in CINCINNATI.

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Analyst Recommendations for Paycor HCM (NASDAQ:PYCR)

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