▼ -30.56% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Pitney Bowes in the last 3 months. The average price target is $6.00, with a high forecast of $6.00 and a low forecast of $6.00. The average price target represents a -30.56% upside from the last price of $8.64.
The current consensus among 3 investment analysts is to hold stock in Pitney Bowes. This rating has held steady since January 2021, when it changed from a Buy consensus rating.
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 products and services for domestic retail and e-commerce shipping solutions, including fulfillment and returns, and cross-border e-commerce transactions. 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 sending technology solutions for physical and digital mailing, shipping, supplies, and other applications for sending, tracking, and receiving of letters and packages. 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.