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NASDAQ:ROOT - Root Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $6.96
  • Forecasted Upside: 109.06 %
  • Number of Analysts: 13
  • Breakdown:
  • 2 Sell Ratings
  • 9 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$3.33 As of 12/3/2021 01:00 AM ET
▼ -0.19 (-5.40%)

This chart shows the closing price for ROOT by one month, three months, or twelve months.

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Analyst Price Target for ROOT

Analyst Price Target is $6.96
▲ +109.06% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Root in the last 3 months. The average price target is $6.96, with a high forecast of $13.00 and a low forecast of $3.00. The average price target represents a 109.06% upside from the last price of $3.33.

This chart shows the closing price for ROOT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 13 polled investment analysts is to hold stock in Root.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/13/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/11/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 8 hold ratings
  • 1 sell ratings
Ratings as of
12/10/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 2 sell ratings
Ratings as of
3/10/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 10 hold ratings
  • 2 sell ratings
Ratings as of
6/8/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 13 hold ratings
  • 2 sell ratings
Ratings as of
9/6/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 13 hold ratings
  • 2 sell ratings
Ratings as of
11/5/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 2 sell ratings
Ratings as of
12/5/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/18/2021Jefferies Financial GroupInitiated CoverageHold$5.50Low
11/15/2021BarclaysDowngradeEqual Weight ➝ Underweight$5.00 ➝ $3.00High
8/23/2021CitigroupLower Price TargetNeutral$11.50 ➝ $6.00Low
8/19/2021Morgan StanleyLower Price TargetPositive ➝ Equal Weight$14.00 ➝ $7.00Low
8/16/2021Wolfe ResearchInitiated CoveragePeer Perform$5.00Low
8/16/2021JMP SecuritiesLower Price TargetPositive ➝ Outperform$30.00 ➝ $12.00High
8/13/2021BarclaysLower Price TargetEqual Weight$8.00 ➝ $6.00High
8/13/2021Cantor FitzgeraldLower Price TargetPositive ➝ Overweight$21.00 ➝ $8.00High
8/13/2021Truist SecuritiesDowngradeBuy ➝ Hold$18.00 ➝ $6.00Medium
8/13/2021TruistDowngradeBuy ➝ Hold$6.00Medium
8/13/2021Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$16.00 ➝ $7.00High
7/9/2021Wells Fargo & CompanyLower Price TargetOverweight$18.00 ➝ $16.00Low
6/14/2021Royal Bank of CanadaBoost Price TargetSector Perform$3.00Low
5/25/2021CitigroupLower Price TargetNeutral$15.00 ➝ $11.50High
5/4/2021Cantor FitzgeraldReiterated RatingOverweightHigh
4/28/2021Credit Suisse GroupInitiated CoverageNeutral$13.00Low
4/16/2021Morgan StanleyLower Price TargetEqual Weight$23.00 ➝ $14.00Medium
3/10/2021CitigroupLower Price Target$20.00 ➝ $15.00Medium
3/9/2021Bank of AmericaInitiated CoverageUnderperform$9.00High
12/18/2020Credit Suisse GroupInitiated CoverageNeutral$13.00High
12/2/2020Wells Fargo & CompanyReiterated RatingBuy$27.00High
11/23/2020Smith Barney CitigroupInitiated CoverageNeutral$20.00High
11/23/2020BarclaysInitiated CoverageEqual Weight$22.00High
11/23/2020TruistInitiated CoverageBuy$26.00High
11/23/2020UBS GroupInitiated CoverageNeutralHigh
11/23/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$20.00High
11/23/2020JMP SecuritiesInitiated CoverageOutperform$30.00High
11/23/2020Morgan StanleyInitiated CoverageEqual Weight$23.00High
11/23/2020Cantor FitzgeraldInitiated CoverageOverweight$28.00High
11/23/2020Wells Fargo & CompanyInitiated CoverageOverweight$27.00High
11/23/2020Evercore ISIInitiated CoverageIn-Line$24.00High
11/22/2020The Goldman Sachs GroupInitiated CoverageNeutral$20.00High
9/12/2019CIBCReiterated RatingNeutral ➝ Hold$3.50N/A
12/10/2018Canaccord GenuityReiterated RatingBuy$6.00N/A
12/3/2017Canaccord GenuityReiterated RatingBuy$13.00N/A
(Data available from 12/5/2016 forward)

News Sentiment Rating

0.21 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/9/2021
  • 0 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/8/2021
  • 0 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/8/2021
  • 2 very positive mentions
  • 17 positive mentions
  • 2 negative mentions
  • 3 very negative mentions
Mentions as of
8/7/2021
  • 6 very positive mentions
  • 20 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
9/6/2021
  • 2 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
Mentions as of
10/6/2021
  • 1 very positive mentions
  • 18 positive mentions
  • 4 negative mentions
  • 5 very negative mentions
Mentions as of
11/5/2021
  • 5 very positive mentions
  • 25 positive mentions
  • 6 negative mentions
  • 2 very negative mentions
Mentions as of
12/5/2021

Current Sentiment

  • 5 very positive mentions
  • 25 positive mentions
  • 6 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Root logo
Root, Inc. provides insurance products and services in the United States. The company offers auto, homeowners, and renters insurance products. The company operates a direct-to-consumer model and serves customers primarily through mobile applications, as well as through its website. Its direct distribution channels also cover digital, media, and referral channels, as well as distribution partners. The company was incorporated in 2015 and is headquartered in Columbus, Ohio.
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Today's Range

Now: $3.33
Low: $3.26
High: $3.55

50 Day Range

MA: $4.87
Low: $3.33
High: $6.15

52 Week Range

Now: $3.33
Low: $3.26
High: $25.63

Volume

4,930,704 shs

Average Volume

5,243,338 shs

Market Capitalization

$840.83 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Root?

The following sell-side analysts have issued research reports on Root in the last year: Bank of America Co., Barclays PLC, Cantor Fitzgerald, Citigroup Inc., Credit Suisse Group AG, Jefferies Financial Group Inc., JMP Securities, Morgan Stanley, Royal Bank of Canada, Truist, Truist Securities, Wells Fargo & Company, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for ROOT.

What is the current price target for Root?

13 Wall Street analysts have set twelve-month price targets for Root in the last year. Their average twelve-month price target is $6.96, suggesting a possible upside of 109.1%. Credit Suisse Group AG has the highest price target set, predicting ROOT will reach $13.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $3.00 for Root in the next year.
View the latest price targets for ROOT.

What is the current consensus analyst rating for Root?

Root currently has 2 sell ratings, 9 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ROOT, but not buy more shares or sell existing shares.
View the latest ratings for ROOT.