▲ +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.
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.
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.