UBS Reiterates a Hold Rating on Life Time Fitness

By George MacDonald

In a report released today, Michael Lasser from UBS reiterated a Hold rating on Life Time Fitness (NYSE: LTM), with a price target of $59. The company’s shares opened today at $59, close to its 52-week high of $61.08.

Life Time Fitness has an analyst consensus of Hold.

Life Time Fitness` market cap is currently $2.29B and has a P/E ratio of 19.7. The company has a book value ratio of 2.12%.

According to TipRanks, Lasser is a 5-star analyst with an average return of 17.3% and a 74.2% success rate. Lasser covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Advance Auto Parts, and Bed Bath & Beyond.

Life Time Fitness Inc is 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.