Box Inc (BOX) Receives a Rating Update from a Top Analyst


In a report released today, Brian Peterson from Raymond James maintained a Buy rating on Box Inc (NYSE: BOX), with a price target of $25. The company’s shares closed on Friday at $19.21, close to its 52-week low of $17.53.

According to TipRanks.com, Peterson is a top 100 analyst with an average return of 27.4% and a 72.6% success rate. Peterson covers the Technology sector, focusing on stocks such as Coupa Software Inc, Upland Software, and Instructure Inc.

Box Inc has an analyst consensus of Moderate Buy, with a price target consensus of $28.33.

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The company has a one-year high of $29.79 and a one-year low of $17.53. Currently, Box Inc has an average volume of 3.13M.

Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Box, Inc. engages in the provision of enterprise content platform that enables organizations to securely manage enterprise content while allowing easy, secure access and sharing of this content from anywhere, on any device.

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