Pitney Bowes Inc. with ticker code (PBI) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 12 and 8 with a mean TP of 10.67. Given that the stocks previous close was at 7.14 this is indicating there is a potential upside of 49.4%. The 50 day MA is 7.8 and the 200 day MA is 8.32. The market cap for the company is $1,262m. Visit the company website at: http://www.pitneybowes.com
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.
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