In a report released on January 9, John Baumgartner from Mizuho Securities maintained a Buy rating on Life Time Group Holdings (LTH – Research Report), with a price target of $17.00. The company’s shares closed yesterday at $16.64.
According to TipRanks, Baumgartner is a 4-star analyst with an average return of 6.1% and a 65.04% success rate. Baumgartner covers the Consumer Goods sector, focusing on stocks such as Simply Good Foods, Hain Celestial, and Mondelez International.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Life Time Group Holdings with a $15.33 average price target, a -7.87% downside from current levels. In a report released yesterday, Guggenheim also maintained a Buy rating on the stock with a $17.00 price target.
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The company has a one-year high of $17.80 and a one-year low of $8.75. Currently, Life Time Group Holdings has an average volume of 423.1K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LTH in relation to earlier this year.
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Life Time Group Holdings Inc is primarily engaged in designing, building, and operating distinctive and large, multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment, principally in residential locations of major metropolitan areas in the United States and Canada.
Read More on LTH:
- Life Time Group sees FY23 revenue $2.2B-$2.3B, consensus $2.24B
- Life Time Group reports preliminary Q4 revenue $472M-$473M, consensus $478.93M
- Life Time Reports Preliminary Financial Results for Fourth Quarter and Full-Year Fiscal 2022 and Introduces Fiscal 2023 Guidance
- Largest borrow rate increases among liquid names