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A statement released earlier today by Deutsche Bank AG about Trueblue Inc (NYSE:TBI) bumps the target price to $20.00

Only yesterday Trueblue Inc (NYSE:TBI) traded 1.41% lower at $22.24. TBI’s 50-day average is $22.18 and its 200-day moving average is $21.78. The last stock price close is up 0.38% relative to the 200-day moving average, compared to the S&P 500 Index which has fallen -0.01% over the date range. 290,160 shares of Trueblue Inc traded hands, down from ann avg. volume of 343,310.

In a report issued 8/17/2016 Deutsche Bank AG upped the target price of Trueblue Inc (NYSE:TBI) from $0 to $20 indicating a possible downsideof -0.10%.

Performance Chart:

Trueblue Inc (NYSE:TBI)

Also covering Trueblue Inc’s stock price target, a total of 5 firms have issued a report on TBI. The 12-month target is $27.60 with two firms rating the stock a strong buy, 0 rating the company a buy, five analysts rating the stock a hold, 0 rating the stock to underperform, and lastly 0 brokerages rating the stock as sell.

With a total market value of $0.0, Trueblue Inc has a 52 week low of $17.35 and a 52 week high of $30.25 with a price-earnings ratio of 0.

About Trueblue Inc (NYSE:TBI)

TrueBlue, Inc. (TrueBlue) is a provider of specialized workforce solutions. The Company is engaged in providing staffing, recruitment process outsourcing, and managed service provider solutions. The Company operates through two segments: Staffing Services and Managed Services. The Company offers on-premise temporary blue-collar staffing, and outsourced service offerings in recruitment process outsourcing (RPO) and management of contingent labor services providers (MSP) solutions. The Company’s Staffing Services segment provides a range of blue-collar staffing services, including general labor, light industrial, skilled trades, aviation and transportation mechanics and technicians, and drivers, as well as on-premise staffing and management of a facility’s contingent blue-collar workforce. The Company’s Managed Services segment includes its PeopleScout, and which provides RPO solutions. The Managed Services segment also includes its MSP service.

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