Oppenheimer analyst Brian Nagel maintains $Life Time (LTH.US)$ with a buy rating, and maintains the target price at $33.
According to TipRanks data, the analyst has a success rate of 65.3% and a total average return of 21.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Life Time (LTH.US)$'s main analysts recently are as follows:
Estimates have been increased to reflect Life Time Group's stronger than anticipated preliminary results for Q3, and the expectation that this positive trend has likely carried into the current quarter.
Life Time Group's Q3 pre-announcement suggests a strong quarter throughout as the company appears to be performing effectively. The outlook towards 2025 is considered robust. The neutral stance maintained relates to the current valuation, with an enterprise value to expected forward EBITDA multiple that aligns with the historical average of the stock.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
