Smarter Analyst

Monness Maintains Their Hold Rating on Box Inc (BOX)

In a report released today, Brian White from Monness maintained a Hold rating on Box Inc (BOX). The company’s shares closed last Monday at $15.96.

According to TipRanks.com, White is a top 100 analyst with an average return of 22.7% and a 69.0% success rate. White covers the Technology sector, focusing on stocks such as Slack Technologies Inc, Spotify Technology SA, and Salesforce.com.

Box Inc has an analyst consensus of Moderate Buy, with a price target consensus of $16.71.

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Based on Box Inc’s latest earnings release for the quarter ending July 31, the company reported a quarterly GAAP net loss of $36.23 million. In comparison, last year the company had a GAAP net loss of $38.09 million.

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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.