Analyst Price Target is $39.77
▲ +132.14% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Root in the last 3 months. The average price target is $39.77, with a high forecast of $108.00 and a low forecast of $17.00. The average price target represents a 132.14% upside from the last price of $17.13.
Current Consensus is
The current consensus among 6 contributing investment analysts is to hold stock in Root.
Root, Inc. provides insurance products and services in the United States. The company offers automobile, 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 and agencies. The company was incorporated in 2015 and is headquartered in Columbus, Ohio.