Roots Corp’s (ROOT) Buy Rating Reaffirmed at TD Securities

TD Securities restated their buy rating on shares of Roots Corp (TSE:ROOT) in a research report sent to investors on Monday morning. They currently have a C$16.00 price target on the stock.

Separately, Royal Bank Of Canada reissued a sector perform rating and issued a C$11.00 target price on shares of Roots Corp in a research report on Monday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of Buy and a consensus price target of C$13.80.

Roots Corp (TSE:ROOT) traded down C$0.05 during mid-day trading on Monday, reaching C$9.60. 46,469 shares of the company’s stock traded hands, compared to its average volume of 362,863. Roots Corp has a 12 month low of C$8.55 and a 12 month high of C$11.55.

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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.

Analyst Recommendations for Roots Corp (TSE:ROOT)

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