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Analysts have given Life Time Group Holdings, Inc. (NYSE:LTH) an average rating of “Hold.”

Analysts have given Life Time Group Holdings, Inc. (NYSE:LTH) an average rating of “Hold.”

According to Bloomberg, the eight research firms currently analyzing Life Time Group Holdings, Inc. (NYSE: LTH) have given the company an average rating of “Hold” for the stock they are currently tracking. This rating has been given to the stock that the company is currently holding. One equity research analyst suggested selling the stock, two other analysts suggested holding onto the stock, and three other analysts suggested purchasing the stock. The $17.50 has been established as the average one-year target price established by analysts who have released research on the company in the preceding year. This price was determined based on the research that was released in the preceding year.
The stock in question has been the subject of several financial analysts’ commentary. Guggenheim stated that they would be decreasing their price objective for Life Time Group shares to $15.00 in a research note published on November 16th related to the company’s shares. Morgan Stanley rated the stock “equal weight” in a research report published on Friday, November 11th, and decreased their price objective on shares of Life Time Group from $16.00 to $15.00. The findings of the study were published. Oppenheimer stated their intention to reduce their price target for Life Time Group shares from $40.00 to $33.00 in a research note published on November 10th. In a research note that was made public on November 10th, the Royal Bank of Canada decreased their price target on shares of Life Time Group from $18.00 to $14.00. Despite this, they maintained that the stock had an “outperform” rating. Finally, but certainly not least, in a research note published on November 10th, Wells Fargo & Company decreased their price objective for Life Time Group shares from $13.00 to $12.00 and gave the stock an “underweight” rating.
On Friday morning, the price of a share of Life Time Group stock opened the trading day at $12.81. A few values can be used in this calculation, including a debt-to-equity ratio of 0.84, a current ratio of 0.46, and a quick ratio of 0.36. A price-to-earnings ratio of -7.40 and a beta value of 1.21 are both associated with the stock. The company’s total value, as represented by its market capitalization, is $2.49 billion. Life Time Group has maintained a consistent price of $17.80 across the previous year. The company’s moving average price over the previous 50 days is $12.07, and the moving average price over the previous 200 days is $12.39.
In recent months, the company’s stock market has been the focus of activity from several major investors, who have been buying and selling shares. Quantbot Technologies LP invested approximately thirty thousand dollars in initiating a new position in Life Time Group during the third quarter of the fiscal year. Assetmark Inc. increased the proportion of Life Time Group stock owned by 158.1% during the second quarter. Assetmark Inc. now holds 4,293 shares of the company’s stock, which has a value of $55,000 after purchasing an additional 2,630 shares during the most recent period. According to the company’s most recent quarterly report, UBS Group AG’s holdings in Life Time Group increased by 88.4% during the first three months of 2018. UBS Group AG now has a total of 4,682 shares of the company, which have a value of $68,000, after making an additional purchase of 2,197 shares during the most recent quarter. Amalgamated Bank spent $82,000 on new holding investment in Life Time Group during the first three months of the year. This investment was made during the first quarter. The Zurich Kantonalbank is the institution that closes out the list. Zurich Cantonalbank decided to invest $55,000 in Life Time Group during the third quarter of the fiscal year. Shares of the company are owned, in their entirety, by hedge funds and other types of institutional investors to the extent of 72.54% at present.
Life Time Group Holdings, Inc. makes available to its community of individual members in the United States and Canada a wide range of opportunities to participate in activities that benefit their health, fitness, and overall wellness. The planning, construction, and operation of resort-style sports and athletic, professional fitness, family recreation, and spa facilities in large metropolitan areas and their surrounding suburbs is the primary focus of the company’s business operations. These establishments cater to a wide range of user demographics, including athletes and sports fans, and offer various services to meet their needs.

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