Brokerages Set YogaWorks (YOGA) Target Price at $5.58

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.

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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.

YOGA stock opened at $2.33 on Tuesday. YogaWorks has a 1 year low of $2.04 and a 1 year high of $5.85.

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About YogaWorks

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.

Analyst Recommendations for YogaWorks (NASDAQ:YOGA)

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