Analyst Price Target is C$4.47
▲ +58.47% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Roots in the last 3 months. The average price target is C$4.47, with a high forecast of C$6.00 and a low forecast of C$3.00. The average price target represents a 58.47% upside from the last price of C$2.82.
Current Consensus is
The current consensus among 7 investment analysts is to hold stock in Roots. This Hold consensus rating has held steady for over two years.
Roots Corporation, together with its subsidiaries, provides apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and e-commerce. The Partners and Other segment primarily engages in the wholesale of Roots branded products to the company's international operating partners. This segment is also involved in licensing Roots brand to manufacturing partners; and wholesaling Roots branded products to retail partners. As of January 30, 2021, it operated 111 corporate retail stores in Canada, two corporate retail stores in the United States, 117 partner-operated stores in Taiwan, 26 partner-operated stores in China, and two partner-operated stores in Hong Kong, as well as an eCommerce platform and partner-operated eCommerce channels in Taiwan and mainland China. W. Roots Corporation was founded in 1973 and is headquartered in Toronto, Canada.