Wedbush Starts Life Time Fitness (LTM) at Outperform
Tweet
Share
E-mailGet Alerts LTM Hot Sheet
Price: $52.26 -0.31%
Rating Summary:
10 Buy, 9 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
10 Buy, 9 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Wedbush initiates coverage on Life Time Fitness (NYSE: LTM) with a Outperform. PT $55.00.
The firm comments, "Given LTM's significant growth opportunities, favorable industry trends, healthy balance sheet and expanding margins, we believe shares of LTM should trade relatively in line with the peer group. Thus, using a 2013E P/E ratio of 17x, we generate our PT of $55."
For an analyst ratings summary and ratings history on Life Time Fitness click here. For more ratings news on Life Time Fitness click here.
Shares of Life Time Fitness closed at $45.00 yesterday.
The firm comments, "Given LTM's significant growth opportunities, favorable industry trends, healthy balance sheet and expanding margins, we believe shares of LTM should trade relatively in line with the peer group. Thus, using a 2013E P/E ratio of 17x, we generate our PT of $55."
For an analyst ratings summary and ratings history on Life Time Fitness click here. For more ratings news on Life Time Fitness click here.
Shares of Life Time Fitness closed at $45.00 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ICICI Securities Resumes Oberoi Realty Ltd (OBER:IN) at Buy (1)
- RBC Capital Starts Krystal Biotech (KRYS) at Outperform
- Lake Street Starts RF Industries Ltd. (RFIL) at Buy
Create E-mail Alert Related Categories
New CoverageSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
