On 8/9/24, Pitney Bowes Inc. (NYSE: PBI) stock enjoyed a major increase of 10.7%, closing at $6.29. Moreover, trading volume in this advance was exceptionally high at 378% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -0.8% 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.
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