Shares of YogaWorks (NASDAQ:YOGA) have been assigned a consensus rating of “Buy” from the seven analysts that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $5.58.
Separately, Guggenheim reaffirmed a “buy” rating and issued a $5.50 price objective on shares of YogaWorks in a research note on Tuesday.
A hedge fund recently bought a new stake in YogaWorks stock. Alyeska Investment Group L.P. acquired a new stake in YogaWorks (NASDAQ:YOGA) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 301,200 shares of the company’s stock, valued at approximately $834,000. Alyeska Investment Group L.P. owned about 1.84% of YogaWorks at the end of the most recent quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.
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YogaWorks, Inc builds and operates yoga studios under the YogaWorks and Yoga Tree brand names in the United States. The company provides yoga classes, workshops, teacher training programs, and yoga-related retail merchandise. It also offers online yoga instruction and programming services through its MyYogaWorks Web platform.
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