Root (ROOT)
(Delayed Data from NSDQ)
$37.99 USD
-1.65 (-4.16%)
Updated Sep 23, 2024 04:00 PM ET
After-Market: $37.99 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
C Value A Growth B Momentum A VGM
Root, Inc. (ROOT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$65.43 | $90.00 | $12.00 | 65.06% |
Price Target
Based on short-term price targets offered by seven analysts, the average price target for Root, Inc. comes to $65.43. The forecasts range from a low of $12.00 to a high of $90.00. The average price target represents an increase of 65.06% from the last closing price of $39.64.
Analyst Price Targets (7 )
Broker Rating
Root, Inc. currently has an average brokerage recommendation (ABR) of 2.29 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by seven brokerage firms. The current ABR compares to an ABR of 2.29 a month ago based on seven recommendations.
Of the seven recommendations deriving the current ABR, two are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 28.57% and 14.29% of all recommendations. A month ago, Strong Buy made up 28.57%, while Buy represented 14.29%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 3 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.29 | 2.29 | 2.29 | 2.29 | 2.13 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/13/2024 | Cowen & Co. | Andrew S Kligerman | Hold | Hold |
8/13/2024 | UBS | Brian R Meredith | Hold | Hold |
8/8/2024 | JMP Securities | Matthew J Carletti | Strong Buy | Strong Buy |
8/8/2024 | Keefe Bruyette & Woods | Thomas Mcjoynt-Griffith | Moderate Buy | Moderate Buy |
4/11/2024 | Wells Fargo Securities | Elyse Greenspan | Hold | Hold |
3/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
2/23/2024 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.29 |
ABR (Last week) | 2.29 |
# of Recs in ABR | 7 |
Average Target Price | $65.43 |
LT Growth Rate | NA |
Industry | Insurance - Property and Casualty |
Industry Rank by ABR | 21 of 253 |
Current Quarter EPS Est: | -0.61 |
ROOT FAQs
Root, Inc. (ROOT) currently has an average brokerage recommendation (ABR) of 2.29 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 7 brokerage firms.
The average price target for Root, Inc. (ROOT) is $65.43. The current on short-term price targets is based on 2 reports.
The forecasts for Root, Inc. (ROOT) range from a low of $12 to a high of $90. The average price target represents a increase of $72.23 from the last closing price of $37.99.
The current UPSIDE for Root, Inc. (ROOT) is 72.23%
Based on short-term price targets offered by seven analysts, the average price target for Root, Inc. comes to $65.43. The forecasts range from a low of $12.00 to a high of $90.00. The average price target represents an increase of 65.06% from the last closing price of $39.64.