Root (ROOT)
(Real Time Quote from BATS)
$41.82 USD
-0.25 (-0.59%)
Updated Oct 18, 2024 01:32 PM ET
3-Hold of 5 3
C Value A Growth A Momentum A VGM
Root, Inc. (ROOT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$61.71 | $90.00 | $12.00 | 46.68% |
Price Target
Based on short-term price targets offered by seven analysts, the average price target for Root, Inc. comes to $61.71. The forecasts range from a low of $12.00 to a high of $90.00. The average price target represents an increase of 46.68% from the last closing price of $42.07.
Analyst Price Targets (7 )
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 2.29 a month ago based on seven 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 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 | 3 | 3 | 2 | 2 | 2 |
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 | 2.13 | 2.13 | 2.29 | 2.29 | 2.29 |
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 |
---|---|---|---|---|
10/10/2024 | Wells Fargo Securities | Elyse Greenspan | Hold | Hold |
10/9/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
10/3/2024 | Cantor Fitzgerald & Co | Joshua Siegler | Not Available | Strong Buy |
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 |
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 | 2.13 |
ABR (Last week) | 2.13 |
# of Recs in ABR | 8 |
Average Target Price | $61.71 |
LT Growth Rate | NA |
Industry | Insurance - Property and Casualty |
Industry Rank by ABR | 94 of 252 |
Current Quarter EPS Est: | -0.61 |
ROOT FAQs
Root, Inc. (ROOT) 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 8 brokerage firms.
The average price target for Root, Inc. (ROOT) is $61.71. 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 $46.68 from the last closing price of $42.07.
The current UPSIDE for Root, Inc. (ROOT) is 46.68%
Based on short-term price targets offered by seven analysts, the average price target for Root, Inc. comes to $61.71. The forecasts range from a low of $12.00 to a high of $90.00. The average price target represents an increase of 46.68% from the last closing price of $42.07.