Analysts Set Yogaworks Inc (YOGA) PT at $5.83

Shares of Yogaworks Inc (NASDAQ:YOGA) have been assigned an average rating of “Buy” from the seven ratings firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $5.83.

Several research firms recently weighed in on YOGA. DA Davidson began coverage on shares of Yogaworks in a research report on Wednesday, November 15th. They set a “neutral” rating and a $3.00 price target for the company. Zacks Investment Research upgraded shares of Yogaworks from a “hold” rating to a “buy” rating and set a $3.25 price target for the company in a research report on Wednesday, November 8th. Finally, Imperial Capital began coverage on shares of Yogaworks in a research report on Friday, November 3rd. They set an “outperform” rating and a $5.00 price target for the company.

A hedge fund recently bought a new stake in Yogaworks stock. Cowen Inc. acquired a new stake in shares of Yogaworks Inc (NASDAQ:YOGA) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,035,000 shares of the company’s stock, valued at approximately $2,867,000. Cowen Inc. owned approximately 6.31% of Yogaworks at the end of the most recent quarter. 91.50% of the stock is currently owned by institutional investors and hedge funds.

Yogaworks (NASDAQ:YOGA) traded up $0.03 on Friday, hitting $2.86. 7,325 shares of the company traded hands, compared to its average volume of 26,164. Yogaworks has a 52-week low of $2.22 and a 52-week high of $5.85.

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About Yogaworks

YogaWorks, Inc is a yoga instruction company. The Company provides yoga instruction in the United States with 50 company-owned studios as well as its Internet-based digital media service, MyYogaWorks.com. Its classes are designed to safely challenge practitioners of all levels, making yoga accessible to a diverse population ranging from beginners and casual practitioners to seasoned yogis and professional athletes.

Analyst Recommendations for Yogaworks (NASDAQ:YOGA)

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