Brokerages Set PICS (NASDAQ:PICS) PT at $24.33

PICS (NASDAQ:PICS) has earned an average recommendation of “Buy” from the seven analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $24.3333.

PICS has been the topic of a number of analyst reports. Bank of America initiated coverage on shares of PICS in a research note on Tuesday, February 24th. They set a “buy” rating and a $27.00 price objective on the stock. HSBC initiated coverage on shares of PICS in a research note on Thursday, February 19th. They issued a “buy” rating and a $21.00 target price for the company. Mizuho dropped their price target on shares of PICS from $30.00 to $23.00 and set an “outperform” rating on the stock in a research note on Friday. Wolfe Research upgraded shares of PICS to a “strong-buy” rating in a report on Monday, February 23rd. Finally, Wells Fargo & Company set a $27.00 price objective on shares of PICS in a research report on Tuesday, February 24th.

PICS Price Performance

PICS stock opened at $11.94 on Friday. PICS has a 1 year low of $10.30 and a 1 year high of $19.95.

PICS (NASDAQ:PICS) last released its quarterly earnings results on Wednesday, March 18th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.07). The company had revenue of $558.09 million during the quarter.