On 7/1/24, Pitney Bowes Inc. (NYSE: PBI) stock enjoyed a major increase of 17.1%, closing at $5.95. Moreover, exceptionally high trading volume at 378% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 28.0% during the last week.
Current PriceTarget Research Rating
PBI’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.
Pitney Bowes is currently unrated.
Rating Review
The stock is currently unrated.
Be the first to comment