Analysts fell to the sidelines weighing in on Root (ROOT – Research Report) and Hiscox (HCXLF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
RBC Capital analyst Sabahat Khan maintained a Hold rating on Root on June 11 and set a price target of C$3.00. The company’s shares closed last Wednesday at $8.20, close to its 52-week low of $7.56.
According to TipRanks.com, Khan is ranked #3365 out of 7602 analysts.
Currently, the analyst consensus on Root is a Moderate Buy with an average price target of $13.73.
RBC Capital analyst Kamran Hossain reiterated a Hold rating on Hiscox on July 9 and set a price target of p925.00. The company’s shares closed last Wednesday at $12.03.
According to TipRanks.com, Hossain is ranked #2351 out of 7602 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Hiscox with a $12.36 average price target, which is a 2.8% upside from current levels. In a report issued on July 15, Citigroup also initiated coverage with a Hold rating on the stock.
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