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Root Analyst Ratings

Benzinga ·  Aug 23, 2023 07:04
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/23/2023 21.95% Citigroup $5 → $11 Maintains Neutral
07/12/2023 66.3% JMP Securities → $15 Reiterates Market Outperform → Market Outperform
04/18/2023 66.3% JMP Securities → $15 Reiterates → Market Outperform
04/10/2023 -55.65% Jefferies $4.5 → $4 Maintains Hold
04/05/2023 -33.48% Wells Fargo $7 → $6 Maintains Equal-Weight
02/27/2023 -39.02% Barclays $8 → $5.5 Maintains Underweight
02/24/2023 66.3% JMP Securities $20 → $15 Maintains Market Outperform
02/24/2023 -33.48% Cantor Fitzgerald $22 → $6 Downgrades Overweight → Neutral
01/18/2023 -33.48% Wells Fargo $9 → $6 Maintains Equal-Weight
01/17/2023 121.73% JMP Securities $25 → $20 Maintains Market Outperform
12/15/2022 -33.48% Citigroup → $6 Initiates Coverage On → Neutral
11/22/2022 -5.76% Morgan Stanley $20.93 → $8.5 Maintains Equal-Weight
11/17/2022 -0.22% Keefe, Bruyette & Woods → $9 Initiates Coverage On → Market Perform
11/11/2022 -11.31% Barclays $17 → $8 Maintains Underweight
10/18/2022 177.16% JMP Securities $90 → $25 Maintains Market Outperform
10/12/2022 10.86% Wells Fargo $25 → $10 Maintains Equal-Weight
08/19/2022 132.04% Morgan Stanley $37.26 → $20.93 Maintains Equal-Weight
08/16/2022 88.47% Barclays $1.5 → $17 Maintains Underweight
08/15/2022 313.08% Morgan Stanley $2.07 → $37.26 Maintains Equal-Weight
08/10/2022 -84.48% Wells Fargo $3 → $1.4 Maintains Equal-Weight
07/12/2022 -86.14% Jefferies $2 → $1.25 Maintains Hold
03/03/2022 -77.05% Morgan Stanley $7 → $2.07 Maintains Equal-Weight
02/28/2022 -77.83% UBS $6 → $2 Maintains Neutral
02/28/2022 -83.37% Barclays $3 → $1.5 Maintains Underweight
01/04/2022 -44.57% Wells Fargo $6 → $5 Maintains Equal-Weight
11/19/2021 -39.02% Jefferies → $5.5 Initiates Coverage On → Hold
11/15/2021 -66.74% Barclays → $3 Downgrades Equal-Weight → Underweight
08/19/2021 -22.39% Morgan Stanley $14 → $7 Maintains Equal-Weight
08/17/2021 -44.57% Wolfe Research → $5 Initiates Coverage On → Peer Perform
08/13/2021 -33.48% Barclays $8 → $6 Maintains Equal-Weight
08/13/2021 -22.39% Wells Fargo $16 → $7 Downgrades Overweight → Equal-Weight
08/13/2021 -33.48% Truist Securities $18 → $6 Downgrades Buy → Hold
07/09/2021 77.38% Wells Fargo $18 → $16 Maintains Overweight
04/16/2021 55.21% Morgan Stanley $23 → $14 Maintains Equal-Weight
03/09/2021 -0.22% B of A Securities → $9 Initiates Coverage On → Underperform
12/18/2020 44.12% Credit Suisse → $13 Initiates Coverage On → Neutral
11/23/2020 210.42% Cantor Fitzgerald → $28 Initiates Coverage On → Overweight
11/23/2020 232.59% JMP Securities → $30 Initiates Coverage On → Market Outperform
11/23/2020 121.73% Deutsche Bank → $20 Initiates Coverage On → Hold
11/23/2020 143.9% Barclays → $22 Initiates Coverage On → Equal-Weight
11/23/2020 154.99% Morgan Stanley → $23 Initiates Coverage On → Equal-Weight
11/23/2020 121.73% Citigroup → $20 Initiates Coverage On → Neutral
11/23/2020 166.08% Evercore ISI Group → $24 Initiates Coverage On → In-Line
11/23/2020 199.33% Wells Fargo → $27 Initiates Coverage On → Overweight
11/23/2020 121.73% 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 Citigroup on August 23, 2023. The analyst firm set a price target for $11.00 expecting ROOT to rise to within 12 months (a possible 21.95% upside). 16 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 Citigroup, and Root maintained their neutral 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 August 23, 2023 so you should expect the next rating to be made available sometime around August 23, 2024.

Is the Analyst Rating Root (ROOT) correct?

While ratings are subjective and will change, the latest Root (ROOT) rating was a maintained with a price target of $5.00 to $11.00. The current price Root (ROOT) is trading at is $9.02, 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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