Pitney Bowes (PBI) has an average broker rating of 1.5, which is interpreted as a Strong Buy, as rated by 4 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.
Pitney Bowes (PBI) : The highest short term price target forecast on Pitney Bowes (PBI) is $28 and the lowest target price is $20. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $24.5 with a standard deviation of $3.42.
Shares of Pitney Bowes Inc. appreciated by 0.97% during the last five trading days but lost 0.85% on a 4-week basis. Pitney Bowes Inc. is up 4.22% in the last 3-month period. Year-to-Date the stock performance stands at -7.48%. Pitney Bowes (NYSE:PBI): stock turned positive on Tuesday. Though the stock opened at $18.46, the bulls momentum made the stock top out at $18.56 level for the day. The stock recorded a low of $18.415 and closed the trading day at $18.51, in the green by 0.76%. The total traded volume for the day was 974,210. The stock had closed at $18.37 in the previous days trading.
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.