Pitney Bowes Inc. with ticker code (PBI) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 6 and 4.65 calculating the mean target price we have 5.33. With the stocks previous close at 4.11 this now indicates there is a potential upside of 29.7%. The 50 day MA is 4.32 and the 200 moving average now moves to 3.67. The company has a market capitalisation of $704m. Visit the company website at: https://www.pitneybowes.com
The potential market cap would be $913m based on the market concensus.
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Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States, Canada, and internationally. It operates through Global Ecommerce, Presort Services, and Sending Technology Solutions (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 and other applications for sending, tracking and receiving of letters, parcels, and flats as well as financing alternatives to finance equipment and product purchases. Pitney Bowes Inc. markets its products, solutions, and services through direct and inside sales force, global and regional partner channels, direct mailings, and digital channels. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was incorporated in 1920 and is headquartered in Stamford, Connecticut.