Joseph Altobello analyst at Raymond James reiterates coverage on Planet Fitness (PLNT) in the Consumer sector with a Buy rating. TipRanks.com has Altobello rated as a 4.7 star analyst with a 53% return on investment and a 10.2% success rate. Altobello has set a price target of $ 70.
TipRanks.com reports that Planet Fitness currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $87.75. The target pricing ranges from a high forecast of $100.00 down to a low forecast of $70.00. Planet Fitness (PLNT)’s last closing price was $57.53 which would put the average price target at 52.53% upside.
In addition, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on PLNT.
Other analysts covering PLNT include:
- Chris O`Cull of Stifel Nicolaus issued a Buy rating with the price target of $ 82 on 2 weeks ago
- Warren Cheng of Evercore ISI issued a Buy rating with the price target of $ 100 on 1 month ago
- Brian harbour of Morgan Stanley issued a Buy rating with the price target of $ 93 on 1 month ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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