Roots (TSE:ROOT) Price Target Raised to C$3.75

Roots (TSE:ROOT) had its price target lifted by TD Securities from C$3.50 to C$3.75 in a research note released on Monday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Roots Stock Down 3.3%

ROOT stock opened at C$3.20 on Monday. The firm has a market cap of C$129.43 million, a PE ratio of 44.72, a P/E/G ratio of -0.54 and a beta of 2.42. Roots has a 12 month low of C$1.80 and a 12 month high of C$3.34. The company has a debt-to-equity ratio of 69.31, a current ratio of 1.31 and a quick ratio of 0.25. The firm has a 50 day simple moving average of C$2.89 and a 200 day simple moving average of C$2.51.

About Roots

Roots Corporation, together with its subsidiaries, designs, markets, and sells 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 ecommerce.