ROOT) PT Lowered to $15
The company has a debt-to-equity ratio of 0.75, a current ratio of 1.99 and a quick ratio of 1.99.
The price target for Root was reduced by UBS Group from $36.00 to $15.00 in a research report report released on August 31, according to The Fly.
In a research note published on Tuesday, July 12th, Jefferies Financial Group lowered their price objective for shares of Root from $36 to $22.50 and assigned a hold rating to the business.
In a research note published on Tuesday, August 16th, Barclays increased their price objective for shares of Root to $17.00 and assigned the stock an underweight rating.
In a research note published on Friday, August 19th, Morgan Stanley lowered their price objective on shares of Root from $37.26 to $20.93 & assigned an equal weight rating to the business.
In a research note published on August 10th, Wells Fargo & Company lowered its target price for shares of Root from $54.00 to $25.20 and assigned the company an equal weight rating.
In a research note published on Friday, August 19th, Cantor Fitzgerald raised their target price for shares of Root from $6.00 to $30.00.
Four investment analysts have given the company a hold rating while one has given the stock a sell rating.
On Wednesday, NASDAQ ROOT opened at $12.39. With a market value of $175.67 million, a PE ratio of -0.42, and a beta of -0.18, the company is publicly traded.
The company's fifty-day and 200-day moving averages are $19.14 and $25.66, respectively. Root's 1 year high is $151.20 and its 1 year low is $12.02.
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