Pitney Bowes Inc. with ticker code (PBI) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 9 and 5 with a mean TP of 7. Now with the previous closing price of 4.84 this now indicates there is a potential upside of 44.6%. The 50 day moving average now sits at 6.09 while the 200 day moving average is 7.37. The market capitalisation for the company is $843m. Company Website: https://www.pitneybowes.com
The potential market cap would be $1,220m 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.
