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Life Time Fitness (NYSE:LTM) has received an average rating of “Buy” from the six ratings firms that are presently covering the stock, Stock Ratings News reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $51.10.

A number of analysts have recently weighed in on LTM shares. Analysts at Piper Jaffray upgraded shares of Life Time Fitness from a “neutral” rating to an “overweight” rating in a research note on Tuesday. Separately, analysts at Wedbush downgraded shares of Life Time Fitness from an “outperform” rating to a “neutral” rating in a research note on Monday, July 28th. They now have a $43.00 price target on the stock, down previously from $56.00. Finally, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Life Time Fitness in a research note on Friday, July 25th. They now have a $52.00 price target on the stock, down previously from $57.00.

Shares of Life Time Fitness (NYSE:LTM) opened at 46.73 on Thursday. Life Time Fitness has a one year low of $38.01 and a one year high of $56.78. The stock has a 50-day moving average of $42.64 and a 200-day moving average of $47.1. The company has a market cap of $1.787 billion and a P/E ratio of 16.06.

Life Time Fitness (NYSE:LTM) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.76 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.81 by $0.05. The company had revenue of $326.60 million for the quarter, compared to the consensus estimate of $332.20 million. During the same quarter last year, the company posted $0.80 earnings per share. Life Time Fitness’s revenue was up 6.0% compared to the same quarter last year. On average, analysts predict that Life Time Fitness will post $3.01 earnings per share for the current fiscal year.

Life Time Fitness, Inc, operates multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment.

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