Pitney Bowes (PBI) : Zacks Investment Research ranks Pitney Bowes (PBI) as 4, which is a Sell recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 1.5, which indicates as a Strong Buy.
Pitney Bowes (PBI) : The consensus price target for Pitney Bowes (PBI) is $24.5 for the short term with a standard deviation of $3.42. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $28, however, the pessimist price target for the company is $20.
Pitney Bowes (NYSE:PBI): The stock opened at $17.11 on Wednesday but the bulls could not build on the opening and the stock topped out at $17.22 for the day. The stock traded down to $16.88 during the day, due to lack of any buying support eventually closed down at $17.20 with a loss of -0.46% for the day. The stock had closed at $17.28 on the previous day. The total traded volume was 2,303,992 shares.
The company shares have dropped -16.28% from its 1 Year high price. On Apr 19, 2016, the shares registered one year high at $21.81 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $18.11 and the 200 Day Moving Average price is recorded at $19.20.
Pitney Bowes Inc. is a provider of technology solutions. The Company offers solutions for direct mail, transactional mail, customer engagement management and analytics, and e-commerce parcel management, along with digital channel messaging for the Web, e-mail and mobile applications. The Companys business is organized around three sets of solutions: small and medium business (SMB) Solutions, enterprise business solutions and digital commerce solutions (DCS). Its Enterprise Business Solutions includes equipment and services to process inbound and outbound mail. Its SMB Solutions provides a range of mailing equipment and postage meters, maintenance, and support services and supplies. Its DCS provides a range of software solutions, customer engagement and communication solutions, data management products and solutions, e-commerce parcel management solutions and targeted direct marketing programs. Its subsidiaries include The Pitney Bowes Bank (the Bank) and Borderfree, Inc.