Alert: Major Price Advance (11/2/23)-Pitney Bowes Inc. (NYSE: PBI).

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Pitney Bowes Inc. (NYSE: PBI) stock closed at $3.98 on 11/2/23 after a major increase of 25.6%. The stock has been weak relative to the market over the last nine months but has risen 24.4% during the last week.

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Current PriceTarget Research Rating

PBI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Pitney Bowes has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Pitney Bowes has a poor Power Rating of 25 and a very low Appreciation Score of 10, with the Lowest Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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