Analyst Price Target is $4.65
▲ +88.56% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Roots in the last 3 months. The average price target is $4.65, with a high forecast of $6.00 and a low forecast of $3.50. The average price target represents a 88.56% upside from the last price of $2.47.
Current Consensus is
The current consensus among 5 investment analysts is to hold stock in Roots. This Hold consensus rating has held steady for over two years.
Roots Corp. engages in the provision of leather goods, apparel, and accessories. It operates through the Direct-to-consumer (DTC) and Partners and Other segments. The Direct-to-consumer segment comprises of sales through its corporate retail stores, and e-commerce. The Partners and Other segment consist primarily of the wholesale of Roots-branded products to its international operating partner, and the royalties earned on the retail sales of Roots-branded products by its partner. The company was founded by Don Green and Michael Budman in 1973 and is headquartered in Toronto, Canada.