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Corpay (CPAY) Stock Forecast & Price Target

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$380.62 -1.52 (-0.40%)
(As of 11/27/2024 ET)

Corpay - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
4
Buy
11

Based on 15 Wall Street analysts who have issued ratings for Corpay in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 4 have given a hold rating, 10 have given a buy rating, and 1 has given a strong buy rating for CPAY.

Consensus Price Target

$363.93
-4.39% Downside
According to the 15 analysts' twelve-month price targets for Corpay, the average price target is $363.93. The highest price target for CPAY is $430.00, while the lowest price target for CPAY is $295.00. The average price target represents a forecasted downside of -4.39% from the current price of $380.62.
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CPAY Analyst Ratings Over Time

TypeCurrent Forecast
11/30/23 to 11/29/24
1 Month Ago
10/31/23 to 10/30/24
3 Months Ago
9/1/23 to 8/31/24
1 Year Ago
11/30/22 to 11/30/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
N/A
Buy
10 Buy rating(s)
9 Buy rating(s)
9 Buy rating(s)
N/A
Hold
4 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
N/A
Consensus Price Target$363.93$353.46$332.50N/A
Forecasted Upside-4.39% Downside6.50% Upside5.37% UpsideN/A
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
N/A

CPAY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CPAY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Corpay Stock vs. The Competition

TypeCorpayBusiness Services CompaniesS&P 500
Consensus Rating Score
2.80
2.68
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-4.39% Downside326.29% Upside6.54% Upside
News Sentiment Rating
Positive News

See Recent CPAY News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/14/2024Citigroup
3 of 5 stars
 Boost TargetBuy ➝ Buy$405.00 ➝ $430.00+16.59%
11/11/2024Morgan Stanley
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$325.00 ➝ $350.00-4.37%
11/8/2024Keefe, Bruyette & Woods
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$380.00 ➝ $400.00+7.99%
10/28/2024Barclays
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 Boost TargetOverweight ➝ Overweight$385.00 ➝ $415.00+23.09%
10/21/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$285.00 ➝ $320.00-9.48%
10/16/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$375.00 ➝ $425.00+23.19%
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10/15/2024Bank of America
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 Boost TargetBuy ➝ Buy$344.00 ➝ $375.00+9.40%
10/3/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$350.00 ➝ $390.00+23.16%
9/3/2024Wolfe Research
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D. Peller
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UpgradeUnderperform ➝ Peer Perform
8/20/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$327.00 ➝ $353.00+21.24%
8/8/2024William Blair
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A. Jeffrey
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UpgradeStrong-Buy
8/8/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$310.00 ➝ $310.00+8.53%
8/8/2024Raymond James
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 Lower TargetOutperform ➝ Outperform$330.00 ➝ $311.00+9.26%
6/25/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$350.00 ➝ $345.00+28.65%
4/4/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$355.00 ➝ $376.00+18.88%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 03:40 AM ET.


CPAY Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Corpay is $363.93, with a high forecast of $430.00 and a low forecast of $295.00.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corpay in the last twelve months. There are currently 4 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CPAY shares.

According to analysts, Corpay's stock has a predicted downside of -4.39% based on their 12-month stock forecasts.

Over the previous 90 days, Corpay's stock had 1 upgrade by analysts.

Analysts like Corpay more than other "business services" companies. The consensus rating score for Corpay is 2.80 while the average consensus rating score for "business services" companies is 2.68. Learn more on how CPAY compares to other companies.


This page (NYSE:CPAY) was last updated on 11/29/2024 by MarketBeat.com Staff
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