PICS (NASDAQ:PICS) Given Average Rating of “Moderate Buy” by Analysts

Shares of PICS (NASDAQ:PICS) have received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $23.1667.

PICS has been the topic of a number of recent analyst reports. Citigroup started coverage on PICS in a research note on Monday, February 23rd. They issued a “buy” rating and a $28.00 price objective on the stock. Bank of America began coverage on PICS in a research report on Tuesday, February 24th. They issued a “buy” rating and a $27.00 price target on the stock. Mizuho set a $18.00 price objective on PICS in a research report on Wednesday. Wells Fargo & Company set a $27.00 price objective on PICS in a research report on Tuesday, February 24th. Finally, Zacks Research raised PICS to a “hold” rating in a research note on Wednesday, February 25th.

Insider Buying and Selling

In other PICS news, Director William Rodney Pruett acquired 100,000 shares of PICS stock in a transaction on Monday, March 23rd. The shares were bought at an average price of $11.80 per share, with a total value of $1,180,000.00. Following the completion of the purchase, the director owned 100,000 shares in the company, valued at $1,180,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

PICS Price Performance

PICS opened at $9.03 on Thursday. PICS has a fifty-two week low of $9.00 and a fifty-two week high of $19.95. The business’s 50-day moving average price is $11.66.