Roots Co. (OTCMKTS:RROTF) Receives $3.40 Consensus Target Price from Analysts


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Shares of Roots Co. (OTCMKTS:RROTF) have been assigned an average recommendation of “Hold” from the six brokerages that are presently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $3.40.

A number of equities research analysts recently weighed in on RROTF shares. Scotiabank upped their price objective on Roots from $3.00 to $4.00 and gave the stock a “sector perform” rating in a research note on Friday, April 9th. BMO Capital Markets upped their price objective on Roots from $2.75 to $4.00 and gave the stock a “market perform” rating in a research note on Friday, April 9th. Finally, TD Securities upped their target price on Roots from $4.00 to $4.50 and gave the company a “buy” rating in a research report on Friday, April 9th.

Shares of OTCMKTS RROTF opened at $2.92 on Friday. Roots has a 1-year low of $0.64 and a 1-year high of $3.00. The business has a fifty day moving average price of $2.55 and a 200 day moving average price of $1.76.

Roots Company Profile

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.

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Analyst Recommendations for Roots (OTCMKTS:RROTF)

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