Root (ROOT)
(Real Time Quote from BATS)
$58.95 USD
+7.69 (15.00%)
Updated Apr 23, 2024 02:03 PM ET
2-Buy of 5 2
D Value A Growth C Momentum B VGM
Root, Inc. (ROOT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$29.63 | $90.00 | $10.00 | -45.60% |
Price Target
Based on short-term price targets offered by eight analysts, the average price target for Root, Inc. comes to $29.63. The forecasts range from a low of $10.00 to a high of $90.00. The average price target represents a decline of 45.6% from the last closing price of $54.47.
Analyst Price Targets (8 )
Broker Rating
Root, Inc. currently has an average brokerage recommendation (ABR) of 2.13 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by eight brokerage firms. The current ABR compares to an ABR of 2.13 a month ago based on eight recommendations.
Of the eight recommendations deriving the current ABR, three are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 37.5% and 12.5% of all recommendations. A month ago, Strong Buy made up 37.5%, while Buy represented 12.5%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 1 |
Buy | 1 | 1 | 1 | 1 | 0 |
Hold | 4 | 4 | 4 | 4 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.13 | 2.13 | 2.13 | 2.13 | 2.71 |
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 |
---|---|---|---|---|
4/1/2024 | JMP Securities | Matthew J Carletti | Strong Buy | Strong Buy |
2/26/2024 | Keefe Bruyette & Woods | Thomas Mcjoynt-Griffith | Moderate Buy | Moderate Buy |
2/22/2024 | Cantor Fitzgerald & Co | Joshua Siegler | Hold | Strong Buy |
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 | 2.13 |
ABR (Last week) | 2.13 |
# of Recs in ABR | 8 |
Average Target Price | $29.63 |
LT Growth Rate | NA |
Industry | Insurance - Property and Casualty |
Industry Rank by ABR | 53 of 252 |
Current Quarter EPS Est: | -2.51 |