Life Time Fitness (NYSE:LTM) is a strong value buy for a 12-month period, with 30-40% upside potential and limited downside risk. My 12-month target price of $53 presents an upside potential of 33.50%, over LTM's closing price on August 11th, and I see downside risk of approximately 6%.
Although I believe that LTM is a strong value play for the next 12 months, there are concerns that affect both entry and a long-term hold position that I will address in this article.
First, a quick company description. Life Time Fitness Inc. "is engaged in designing, building and operating distinctive and large, multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment." The company...
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