Pitney Bowes Inc. found using ticker (PBI) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 9 and 5 calculating the mean target price we have 7. Given that the stocks previous close was at 4.93 this indicates there is a potential upside of 42.0%. The 50 day MA is 6.52 and the 200 day moving average is 7.54. The company has a market cap of $847m. Find out more information at: https://www.pitneybowes.com
The potential market cap would be $1,202m based on the market concensus.
Pitney Bowes Inc., a technology company, provides commerce solutions in the United States and internationally. The company operates through Global Ecommerce, Presort Services, and SendTech Solutions segments. The Global Ecommerce segment provides domestic parcel services, cross-border solutions, and digital delivery services. The Presort Services segment offers mail sortation services, which allow clients to qualify volumes of first-class mail, marketing mail, and bound and packet mail for postal work sharing discounts. The SendTech Solutions segment provides physical and digital mailing and shipping technology solutions, financing, services, supplies, and other applications for sending, tracking and receiving of letters, parcels, and flats. Pitney Bowes Inc. markets its products, solutions, and services direct and inside salesforce, global and regional partner channels, direct mailings, and Web-based offerings. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.