Can Pitney Bowes (PBI) Stock Bounce Back from Recent Selloff?

 

Pitney Bowes Inc. (PBI) stock is down more than -23% this week. PBI stock has fallen -39.18% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives PBI stock a score of 26 out of a possible 100.

That score is mainly influenced by a short-term technical score of 1. PBI’s score also includes a long-term technical score of 2. The fundamental score for PBI is 75. In addition to the average rating from Wall Street analysts, PBI stock has a mean target price of $12.50. This means analysts expect the stock to increase 128.10% over the next 12 months.

Click Here to get the full Stock Score Report on Pitney Bowes Inc. (PBI).

What’s Happening with PBI Stock Today

Pitney Bowes Inc. (PBI) stock has risen 3.79% while the S&P 500 has gained 0.8% as of 11:29 AM on Friday, May 3. PBI has gained $0.20 from the previous closing price of $5.28 on volume of 1,348,915 shares. Over the past year the S&P 500 has risen 11.58% while PBI has fallen -39.18%. PBI earned $0.87 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.31.

Symbols: PBI

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