Monness analyst Brian White assigned a Hold rating to Box Inc (NYSE: BOX) today. The company’s shares closed yesterday at $26.90, close to its 52-week high of $28.68.
According to TipRanks.com, White is a top 100 analyst with an average return of 16.7% and a 67.9% success rate. White covers the Technology sector, focusing on stocks such as Salesforce.com, Alphabet Inc, and Cloudera Inc.
Box Inc has an analyst consensus of Strong Buy, with a price target consensus of $26.60.
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The company has a one-year high of $28.68 and a one-year low of $17.25. Currently, Box Inc has an average volume of 3.91M.
Based on the recent corporate insider activity of 95 insiders, corporate insider sentiment is negative on the stock. Most recently, in March 2018, McGoff Peter M, the CLO of BOX sold 60,000 shares for a total of $1,248,533.
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Box, Inc. provides an 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. The company’s Software-as-a-Service (SaaS) cloud-based platform, users can collaborate on content both internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security and compliance features to comply with internal policies and industry regulations. It enables people to securely view, share and collaborate on content, across multiple file formats and media types, integrates with enterprise business applications, and is compatible with multiple application environments, operating systems and devices. The company was founded by Aaron Levie, Dylan Smith, Jeff Queisser and Sam Ghods in March 2005 and is headquartered in Redwood City, CA.
