Pitney Bowes (NYSE:PBI) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.5 by 4 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Pitney Bowes (NYSE:PBI): The mean estimate for the short term price target for Pitney Bowes (NYSE:PBI) stands at $24.5 according to 4 Analysts. The higher price target estimate for the stock has been calculated at $28 while the lower price target estimate is at $20.
Pitney Bowes (NYSE:PBI) rose 0.22% or 0.04 points on Tuesday and made its way into the gainers of the day. After trading began at $18.02 the stock was seen hitting $18.1 as a peak level and $17.9 as the lowest level. The stock ended up at $18.03. The daily volume was measured at 931,273 shares. The 52-week high of the share price is $22.18 and the 52-week low is $16.24. The company has a market cap of $3,401 million.
Shares of Pitney Bowes Inc. rose by 0.11% in the last five trading days and 1.78% for the last 4 weeks. Pitney Bowes Inc. has dropped 13.94% during the last 3-month period . Year-to-Date the stock performance stands at -10.79%.
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.