Shares of Roots Co. (TSE:ROOT) have been assigned a consensus recommendation of “Hold” from the nine analysts that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is C$3.14.
A number of research firms recently weighed in on ROOT. BMO Capital Markets raised their price objective on Roots from C$2.75 to C$4.00 and gave the company a “sector perform” rating in a research report on Friday, April 9th. TD Securities boosted their price objective on Roots from C$4.00 to C$4.50 and gave the company a “buy” rating in a research report on Friday, April 9th. Finally, National Bankshares boosted their price objective on Roots from C$3.00 to C$5.00 and gave the company a “sector perform” rating in a research report on Friday, April 9th.
ROOT stock remained flat at $C$3.21 during trading on Tuesday. The company had a trading volume of 20,453 shares, compared to its average volume of 61,277. The firm has a market capitalization of C$135.46 million and a price-to-earnings ratio of 10.35. Roots has a 52 week low of C$0.80 and a 52 week high of C$3.80. The stock has a 50-day moving average of C$3.29 and a 200-day moving average of C$2.39. The company has a debt-to-equity ratio of 104.93, a current ratio of 0.95 and a quick ratio of 0.25.
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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