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Box (BOX) Gets a Hold Rating from RBC Capital

In a report issued on July 18, Rishi Jaluria from RBC Capital maintained a Hold rating on Box (BOXResearch Report), with a price target of $25.00. The company’s shares closed last Wednesday at $27.75.

According to TipRanks.com, Jaluria is a 2-star analyst with an average return of 0.6% and a 42.8% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and Duck Creek Technologies.

Currently, the analyst consensus on Box is a Moderate Buy with an average price target of $32.67.

See today’s best-performing stocks on TipRanks >>

Box’s market cap is currently $3.94B and has a P/E ratio of -86.11.

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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. Its products include cloud content management, IT and admin controls, box governance, box zones, box relay, box shuttle, box keysafe and automations. The company was founded by Aaron Levie, Dylan Smith, Jeff Queisser and Sam Ghods in March 2005 and is headquartered in Redwood City, CA.

Read More on BOX:

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