Roots (TSE:ROOT)‘s stock had its “neutral” rating reiterated by investment analysts at CSFB in a report issued on Tuesday. They presently have a C$12.00 target price on the stock. CSFB’s price target would suggest a potential upside of 4.35% from the stock’s current price.
Several other analysts also recently weighed in on the company. Royal Bank of Canada boosted their price target on Roots from C$11.00 to C$12.00 and gave the company a “sector perform” rating in a research note on Wednesday, December 6th. TD Securities boosted their price target on Roots from C$16.00 to C$16.50 and gave the company an “action list buy” rating in a research note on Wednesday, December 6th. National Bank Financial set a C$13.50 price target on Roots and gave the company an “outperform” rating in a research note on Tuesday, February 13th. Canaccord Genuity reiterated a “buy” rating and set a C$13.00 price target on shares of Roots in a research note on Monday, November 13th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a C$13.00 price target on shares of Roots in a research note on Monday, November 13th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of C$13.81.
Roots (TSE:ROOT) opened at C$11.50 on Tuesday. Roots has a 1 year low of C$8.55 and a 1 year high of C$12.28. The stock has a market capitalization of $482.78 and a PE ratio of 34.85.
Roots Company Profile
Roots Corporation, together with its subsidiaries, 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; sweats casual apparel; kids and baby clothing; and leather furniture, linens, towels, and accessories.
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