Analyst Price Target is C$4.13
▲ +7.98% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Roots in the last 3 months. The average price target is C$4.13, with a high forecast of C$4.25 and a low forecast of C$4.00. The average price target represents a 7.98% upside from the last price of C$3.82.
Current Consensus is
Moderate Buy
The current consensus among 2 contributing investment analysts is to moderate buy stock in Roots. This rating changed within the last month from a Buy consensus rating.
Roots Corp provides a portfolio of apparel, leather goods, accessories, and footwear for men, women, and children under the Roots brand. Its merchandise includes genuine leather, such as jackets, bags, and luggage; kids & baby clothing; and leather, linens, towels, and accessories. The company operates through two segments: Direct-To-Consumer, which accounts for majority revenue, and Partners & Other. The DTC segment sells products through the company's corporate retail stores and e-commerce. The Partners & Other segment engage in the wholesale of Roots branded products to the company's international operating partner, and it earns royalties on the retail sales of Roots-branded products. The company has operating stores in Canada, United States, Taiwan, China, and Hong Kong.
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