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Root Analyst Ratings

Benzinga ·  Jul 12, 2023 09:10
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
07/12/2023 40.71% JMP Securities → $15 Reiterates Market Outperform → Market Outperform
04/18/2023 40.71% JMP Securities → $15 Reiterates → Market Outperform
04/10/2023 -62.48% Jefferies $4.5 → $4 Maintains Hold
04/05/2023 -43.71% Wells Fargo $7 → $6 Maintains Equal-Weight
02/27/2023 -48.41% Barclays $8 → $5.5 Maintains Underweight
02/24/2023 40.71% JMP Securities $20 → $15 Maintains Market Outperform
02/24/2023 -43.71% Cantor Fitzgerald $22 → $6 Downgrades Overweight → Neutral
01/18/2023 -43.71% Wells Fargo $9 → $6 Maintains Equal-Weight
01/17/2023 87.62% JMP Securities $25 → $20 Maintains Market Outperform
12/15/2022 -43.71% Citigroup → $6 Initiates Coverage On → Neutral
11/22/2022 -20.26% Morgan Stanley $20.93 → $8.5 Maintains Equal-Weight
11/17/2022 -15.57% Keefe, Bruyette & Woods → $9 Initiates Coverage On → Market Perform
11/11/2022 -24.95% Barclays $17 → $8 Maintains Underweight
10/18/2022 134.52% JMP Securities $90 → $25 Maintains Market Outperform
10/12/2022 -6.19% Wells Fargo $25 → $10 Maintains Equal-Weight
08/19/2022 96.34% Morgan Stanley $37.26 → $20.93 Maintains Equal-Weight
08/16/2022 59.47% Barclays $1.5 → $17 Maintains Underweight
08/15/2022 249.53% Morgan Stanley $2.07 → $37.26 Maintains Equal-Weight
08/10/2022 -86.87% Wells Fargo $3 → $1.4 Maintains Equal-Weight
07/12/2022 -88.27% Jefferies $2 → $1.25 Maintains Hold
03/03/2022 -80.58% Morgan Stanley $7 → $2.07 Maintains Equal-Weight
02/28/2022 -81.24% UBS $6 → $2 Maintains Neutral
02/28/2022 -85.93% Barclays $3 → $1.5 Maintains Underweight
01/04/2022 -53.1% Wells Fargo $6 → $5 Maintains Equal-Weight
11/19/2021 -48.41% Jefferies → $5.5 Initiates Coverage On → Hold
11/15/2021 -71.86% Barclays → $3 Downgrades Equal-Weight → Underweight
08/19/2021 -34.33% Morgan Stanley $14 → $7 Maintains Equal-Weight
08/17/2021 -53.1% Wolfe Research → $5 Initiates Coverage On → Peer Perform
08/13/2021 -43.71% Barclays $8 → $6 Maintains Equal-Weight
08/13/2021 -34.33% Wells Fargo $16 → $7 Downgrades Overweight → Equal-Weight
08/13/2021 -43.71% Truist Securities $18 → $6 Downgrades Buy → Hold
07/09/2021 50.09% Wells Fargo $18 → $16 Maintains Overweight
04/16/2021 31.33% Morgan Stanley $23 → $14 Maintains Equal-Weight
03/09/2021 -15.57% B of A Securities → $9 Initiates Coverage On → Underperform
12/18/2020 21.95% Credit Suisse → $13 Initiates Coverage On → Neutral
11/23/2020 162.66% Cantor Fitzgerald → $28 Initiates Coverage On → Overweight
11/23/2020 181.43% JMP Securities → $30 Initiates Coverage On → Market Outperform
11/23/2020 87.62% Deutsche Bank → $20 Initiates Coverage On → Hold
11/23/2020 106.38% Barclays → $22 Initiates Coverage On → Equal-Weight
11/23/2020 115.76% Morgan Stanley → $23 Initiates Coverage On → Equal-Weight
11/23/2020 87.62% Citigroup → $20 Initiates Coverage On → Neutral
11/23/2020 125.14% Evercore ISI Group → $24 Initiates Coverage On → In-Line
11/23/2020 153.28% Wells Fargo → $27 Initiates Coverage On → Overweight
11/23/2020 87.62% Goldman Sachs → $20 Initiates Coverage On → Neutral

What is the target price for Root (ROOT)?

The latest price target for Root (NASDAQ: ROOT) was reported by JMP Securities on July 12, 2023. The analyst firm set a price target for $15.00 expecting ROOT to rise to within 12 months (a possible 40.71% upside). 19 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Root (ROOT)?

The latest analyst rating for Root (NASDAQ: ROOT) was provided by JMP Securities, and Root reiterated their market outperform rating.

When is the next analyst rating going to be posted or updated for Root (ROOT)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Root, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Root was filed on July 12, 2023 so you should expect the next rating to be made available sometime around July 12, 2024.

Is the Analyst Rating Root (ROOT) correct?

While ratings are subjective and will change, the latest Root (ROOT) rating was a reiterated with a price target of $0.00 to $15.00. The current price Root (ROOT) is trading at is $10.66, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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