| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/06/2023 | 19.05% | Jefferies | $11 → $10 | Maintains | Hold |
| 08/28/2023 | 19.05% | UBS | $6 → $10 | Maintains | Neutral |
| 08/23/2023 | 30.95% | Citigroup | $5 → $11 | Maintains | Neutral |
| 07/12/2023 | 78.57% | JMP Securities | → $15 | Reiterates | Market Outperform → Market Outperform |
| 04/18/2023 | 78.57% | JMP Securities | → $15 | Reiterates | → Market Outperform |
| 04/10/2023 | -52.38% | Jefferies | $4.5 → $4 | Maintains | Hold |
| 04/05/2023 | -28.57% | Wells Fargo | $7 → $6 | Maintains | Equal-Weight |
| 02/27/2023 | -34.52% | Barclays | $8 → $5.5 | Maintains | Underweight |
| 02/24/2023 | 78.57% | JMP Securities | $20 → $15 | Maintains | Market Outperform |
| 02/24/2023 | -28.57% | Cantor Fitzgerald | $22 → $6 | Downgrades | Overweight → Neutral |
| 01/18/2023 | -28.57% | Wells Fargo | $9 → $6 | Maintains | Equal-Weight |
| 01/17/2023 | 138.1% | JMP Securities | $25 → $20 | Maintains | Market Outperform |
| 12/15/2022 | -28.57% | Citigroup | → $6 | Initiates Coverage On | → Neutral |
| 11/22/2022 | 1.19% | Morgan Stanley | $20.93 → $8.5 | Maintains | Equal-Weight |
| 11/17/2022 | 7.14% | Keefe, Bruyette & Woods | → $9 | Initiates Coverage On | → Market Perform |
| 11/11/2022 | -4.76% | Barclays | $17 → $8 | Maintains | Underweight |
| 10/18/2022 | 197.62% | JMP Securities | $90 → $25 | Maintains | Market Outperform |
| 10/12/2022 | 19.05% | Wells Fargo | $25 → $10 | Maintains | Equal-Weight |
| 08/19/2022 | 149.17% | Morgan Stanley | $37.26 → $20.93 | Maintains | Equal-Weight |
| 08/16/2022 | 102.38% | Barclays | $1.5 → $17 | Maintains | Underweight |
| 08/15/2022 | 343.57% | Morgan Stanley | $2.07 → $37.26 | Maintains | Equal-Weight |
| 08/10/2022 | -83.33% | Wells Fargo | $3 → $1.4 | Maintains | Equal-Weight |
| 07/12/2022 | -85.12% | Jefferies | $2 → $1.25 | Maintains | Hold |
| 03/03/2022 | -75.36% | Morgan Stanley | $7 → $2.07 | Maintains | Equal-Weight |
| 02/28/2022 | -76.19% | UBS | $6 → $2 | Maintains | Neutral |
| 02/28/2022 | -82.14% | Barclays | $3 → $1.5 | Maintains | Underweight |
| 01/04/2022 | -40.48% | Wells Fargo | $6 → $5 | Maintains | Equal-Weight |
| 11/19/2021 | -34.52% | Jefferies | → $5.5 | Initiates Coverage On | → Hold |
| 11/15/2021 | -64.29% | Barclays | → $3 | Downgrades | Equal-Weight → Underweight |
| 08/19/2021 | -16.67% | Morgan Stanley | $14 → $7 | Maintains | Equal-Weight |
| 08/17/2021 | -40.48% | Wolfe Research | → $5 | Initiates Coverage On | → Peer Perform |
| 08/13/2021 | -28.57% | Barclays | $8 → $6 | Maintains | Equal-Weight |
| 08/13/2021 | -16.67% | Wells Fargo | $16 → $7 | Downgrades | Overweight → Equal-Weight |
| 08/13/2021 | -28.57% | Truist Securities | $18 → $6 | Downgrades | Buy → Hold |
| 07/09/2021 | 90.48% | Wells Fargo | $18 → $16 | Maintains | Overweight |
| 04/16/2021 | 66.67% | Morgan Stanley | $23 → $14 | Maintains | Equal-Weight |
| 03/09/2021 | 7.14% | B of A Securities | → $9 | Initiates Coverage On | → Underperform |
| 12/18/2020 | 54.76% | Credit Suisse | → $13 | Initiates Coverage On | → Neutral |
| 11/23/2020 | 233.33% | Cantor Fitzgerald | → $28 | Initiates Coverage On | → Overweight |
| 11/23/2020 | 257.14% | JMP Securities | → $30 | Initiates Coverage On | → Market Outperform |
| 11/23/2020 | 138.1% | Deutsche Bank | → $20 | Initiates Coverage On | → Hold |
| 11/23/2020 | 161.9% | Barclays | → $22 | Initiates Coverage On | → Equal-Weight |
| 11/23/2020 | 173.81% | Morgan Stanley | → $23 | Initiates Coverage On | → Equal-Weight |
| 11/23/2020 | 138.1% | Citigroup | → $20 | Initiates Coverage On | → Neutral |
| 11/23/2020 | 185.71% | Evercore ISI Group | → $24 | Initiates Coverage On | → In-Line |
| 11/23/2020 | 221.43% | Wells Fargo | → $27 | Initiates Coverage On | → Overweight |
| 11/23/2020 | 138.1% | 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 Jefferies on October 6, 2023. The analyst firm set a price target for $10.00 expecting ROOT to rise to within 12 months (a possible 19.05% upside). 18 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 Jefferies, and Root maintained their hold 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 October 6, 2023 so you should expect the next rating to be made available sometime around October 6, 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 $11.00 to $10.00. The current price Root (ROOT) is trading at is $8.40, which is out of the analyst's predicted range.