PICS (NASDAQ:PICS) Given New $19.00 Price Target at Royal Bank Of Canada

PICS (NASDAQ:PICS) had its price objective decreased by Royal Bank Of Canada from $20.00 to $19.00 in a research note issued to investors on Monday morning, Marketbeat reports. Royal Bank Of Canada currently has an outperform rating on the stock.

A number of other research firms also recently issued reports on PICS. Wolfe Research raised PICS to a “strong-buy” rating in a research report on Monday, February 23rd. Wall Street Zen lowered PICS from a “buy” rating to a “hold” rating in a report on Tuesday, February 17th. Mizuho cut their price target on PICS from $30.00 to $23.00 and set an “outperform” rating for the company in a report on Friday, March 20th. Zacks Research raised PICS to a “hold” rating in a report on Wednesday, February 25th. Finally, Bank of America initiated coverage on PICS in a report on Tuesday, February 24th. They issued a “buy” rating and a $27.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, PICS currently has a consensus rating of “Buy” and a consensus price target of $24.17.

PICS Stock Up 3.5%

NASDAQ:PICS opened at $11.11 on Monday. PICS has a 1 year low of $9.88 and a 1 year high of $19.95.

Insider Activity at PICS

In related news, Director William Rodney Pruett purchased 100,000 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was purchased at an average cost of $11.80 per share, with a total value of $1,180,000.00. Following the completion of the acquisition, the director directly owned 100,000 shares of the company’s stock, valued at approximately $1,180,000. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.