Other research analysts also recently issued research reports about the company. CIBC reduced their price objective on Roots from C$14.00 to C$13.00 in a report on Thursday, June 14th. Canaccord Genuity reduced their price objective on Roots from C$16.00 to C$12.00 in a report on Thursday. National Bank Financial reduced their price objective on Roots from C$14.50 to C$13.50 and set an outperform rating on the stock in a report on Monday, September 10th. BMO Capital Markets reaffirmed an outperform rating and set a C$16.00 price objective on shares of Roots in a report on Monday, June 18th. Finally, Royal Bank of Canada reduced their price objective on Roots from C$13.00 to C$10.00 and set a sector perform rating on the stock in a report on Thursday. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Roots presently has an average rating of Buy and an average price target of C$13.33.
TSE:ROOT opened at C$6.86 on Thursday. Roots has a 52-week low of C$6.58 and a 52-week high of C$13.55.
Roots Company Profile
Roots Corporation, together with its subsidiaries, provides a portfolio of apparel, leather goods, accessories, and footwear products under the Roots brand. The company operates through two segments, Direct-To-Consumer (DTC), and Partners and Other. The DTC segment sells products through the company's corporate retail stores and e-commerce.
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