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Dropbox, Inc. – Consenus Indicates Potential 51.2% Upside

Dropbox, Inc. found using ticker (DBX) have now 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 40 and 25 and has a mean target at 34. With the stocks previous close at 22.49 this indicates there is a potential upside of 51.2%. The day 50 moving average is 22 and the 200 moving average now moves to 25.8. The company has a market capitalisation of $9,102m. Visit the company website at: http://www.dropbox.com

Dropbox Inc. provides a collaboration platform worldwide. Its platform allows individuals, teams, and organizations to create, access, and share content online. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox Inc. has strategic partnership with Zoom Video Communications, Inc. Dropbox Inc. was founded in 2007 and is headquartered in San Francisco, California.