NASDAQ:ROOT - Root Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $20.57
  • Forecasted Upside: 85.16 %
  • Number of Analysts: 14
  • Breakdown:
  • 1 Sell Ratings
  • 9 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$11.11
▼ -0.01 (-0.09%)
1 month | 3 months | 12 months
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Analyst Price Target for ROOT

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$20.57
▲ +85.16% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Root in the last 3 months. The average price target is $20.57, with a high forecast of $30.00 and a low forecast of $9.00. The average price target represents a 85.16% upside from the last price of $11.11.
Hold
The current consensus among 14 investment analysts is to hold stock in Root. This rating has held steady since November 2019, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/26/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/24/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/22/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/20/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 9 hold ratings
  • 0 sell ratings
1/18/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 9 hold ratings
  • 1 sell ratings
3/19/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 9 hold ratings
  • 1 sell ratings
4/18/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 9 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/16/2021Morgan StanleyLower Price TargetEqual Weight$23.00 ➝ $14.00Medium
i
3/15/2021Bank of AmericaInitiated CoverageUnderperform$9.00N/A
i
3/10/2021CitigroupLower Price Target$20.00 ➝ $15.00Medium
i
3/9/2021Bank of AmericaInitiated CoverageUnderperform$9.00High
i
12/18/2020Credit Suisse GroupInitiated CoverageNeutral$13.00High
i
12/2/2020Wells Fargo & CompanyReiterated RatingBuy$27.00High
i
11/23/2020Smith Barney CitigroupInitiated CoverageNeutral$20.00High
i
11/23/2020BarclaysInitiated CoverageEqual Weight$22.00High
i
11/23/2020Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellInitiated CoverageNeutral$20.00High
i
11/23/2020TruistInitiated CoverageBuy$26.00High
i
11/23/2020UBS GroupInitiated CoverageNeutralHigh
i
11/23/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$20.00High
i
11/23/2020JMP SecuritiesInitiated CoverageOutperform$30.00High
i
11/23/2020Morgan StanleyInitiated CoverageEqual Weight$23.00High
i
11/23/2020Cantor FitzgeraldInitiated CoverageOverweight$28.00High
i
Rating by S. Halper at Cantor Fitzgerald
11/23/2020Wells Fargo & CompanyInitiated CoverageOverweight$27.00High
i
11/23/2020Evercore ISIInitiated CoverageIn-Line$24.00High
i
11/22/2020The Goldman Sachs GroupInitiated CoverageNeutral$20.00High
i
9/12/2019CIBCReiterated RatingNeutral ➝ Hold$3.50N/A
i
12/10/2018Canaccord GenuityReiterated RatingBuy$6.00N/A
i
12/3/2017Canaccord GenuityReiterated RatingBuy$13.00N/A
i
(Data available from 4/18/2016 forward)
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: $11.11
$10.75
$11.27

50 Day Range

MA: $12.43
$10.99
$16.42

52 Week Range

Now: $11.11
$10.45
$29.48

Volume

1,532,755 shs

Average Volume

3,239,453 shs

Market Capitalization

$2.80 billion

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., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Evercore ISI, JMP Securities, Morgan Stanley, Smith Barney Citigroup, The Goldman Sachs Group, Inc., Truist, UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for ROOT.

What is the current price target for Root?

14 Wall Street analysts have set twelve-month price targets for Root in the last year. Their average twelve-month price target is $20.57, suggesting a possible upside of 85.2%. JMP Securities has the highest price target set, predicting ROOT will reach $30.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $9.00 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 1 sell rating, 9 hold ratings and 4 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.

What other companies compete with Root?

How do I contact Root's investor relations team?

The company's listed phone number is 866 980 9431. The official website for Root is joinroot.com.