Royal Bank Of Canada Reaffirms Sector Perform Rating for Roots Corp (ROOT)
Roots Corp (TSE:ROOT)‘s stock had its “sector perform” rating reaffirmed by stock analysts at Royal Bank Of Canada in a note issued to investors on Monday. They currently have a C$11.00 price target on the stock. Royal Bank Of Canada’s price target points to a potential upside of 13.99% from the company’s previous close.
Roots Corp (TSE:ROOT) traded up C$0.15 during trading hours on Monday, reaching C$9.65. 173,581 shares of the company traded hands, compared to its average volume of 389,229. Roots Corp has a twelve month low of C$8.55 and a twelve month high of C$11.55.
About Roots Corp
Roots Corp is a Canada-based retailer within apparel industry. It offers leather goods, athletic wear and accessories. Its products comprise leather bags, handbags, purses, briefcases, footwear, as well as men’s and women’s clothing, including sweaters, hoodies, sweats, watches, athletic t-shirts, yoga wear, accessories, among others.
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