Royal Bank Of Canada Begins Coverage on PICS (NASDAQ:PICS)

Equities research analysts at Royal Bank Of Canada initiated coverage on shares of PICS (NASDAQ:PICS) in a research report issued on Monday,Benzinga reports. The brokerage set an “outperform” rating and a $20.00 price target on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 27.31% from the company’s current price.

A number of other equities research analysts also recently issued reports on the stock. Wall Street Zen downgraded shares of PICS from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. HSBC assumed coverage on PICS in a research note on Thursday. They issued a “buy” rating and a $21.00 price objective for the company. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, PICS currently has an average rating of “Buy” and a consensus target price of $20.50.

PICS Trading Up 4.0%

Shares of NASDAQ PICS opened at $15.71 on Monday. PICS has a 52 week low of $12.80 and a 52 week high of $19.95.