Northland Securities Reiterates “Buy” Rating for PFSweb, Inc. (PFSW)

Northland Securities reaffirmed their buy rating on shares of PFSweb, Inc. (NASDAQ:PFSW) in a research report report published on Friday morning. They currently have a $9.00 price target on the business services provider’s stock.

Several other equities analysts have also issued reports on PFSW. B. Riley restated a buy rating and set a $13.00 target price on shares of PFSweb in a research report on Wednesday, August 9th. Canaccord Genuity lowered PFSweb from a buy rating to a hold rating in a research report on Thursday, November 9th. Craig Hallum lowered PFSweb from a buy rating to a hold rating in a research report on Thursday, November 9th. Finally, Zacks Investment Research upgraded PFSweb from a hold rating to a strong-buy rating and set a $9.00 price objective for the company in a research report on Tuesday, August 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The company has an average rating of Hold and a consensus target price of $10.75.

PFSweb (NASDAQ:PFSW) opened at $6.96 on Friday. The stock has a market capitalization of $132.19, a PE ratio of 231.67 and a beta of 0.89. PFSweb has a 12-month low of $5.83 and a 12-month high of $9.60. The company has a current ratio of 1.20, a quick ratio of 1.13 and a debt-to-equity ratio of 1.19.

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Institutional investors and hedge funds have recently modified their holdings of the stock. OxFORD Asset Management LLP acquired a new position in shares of PFSweb in the 3rd quarter valued at approximately $130,000. Parametric Portfolio Associates LLC grew its position in shares of PFSweb by 25.7% in the 1st quarter. Parametric Portfolio Associates LLC now owns 23,503 shares of the business services provider’s stock valued at $153,000 after purchasing an additional 4,811 shares during the period. Macquarie Group Ltd. acquired a new position in shares of PFSweb in the 3rd quarter valued at approximately $230,000. LMR Partners LLP acquired a new position in shares of PFSweb in the 2nd quarter valued at approximately $309,000. Finally, UBS Group AG grew its position in shares of PFSweb by 194.9% in the 1st quarter. UBS Group AG now owns 50,895 shares of the business services provider’s stock valued at $333,000 after purchasing an additional 33,637 shares during the period. Institutional investors and hedge funds own 58.07% of the company’s stock.

About PFSweb

PFSWEB, Inc is a global provider of omni-channel commerce solutions, including a range of technology, infrastructure and professional services. The Company’s service offerings include Website design, creation and integration, digital agency and marketing, e-commerce technologies, order management, customer care, logistics and fulfillment, financial management and professional consulting.

Analyst Recommendations for PFSweb (NASDAQ:PFSW)

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