Shares of The Beachbody Company, Inc. (NYSE:BODI – Get Free Report) have been assigned an average rating of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $12.00.
Separately, Roth Mkm restated a “buy” rating and issued a $12.00 price target on shares of Beachbody in a research report on Thursday, November 14th.
View Our Latest Analysis on BODI
Beachbody Stock Performance
Institutional Trading of Beachbody
Several large investors have recently added to or reduced their stakes in BODI. Raine Group LLC purchased a new position in shares of Beachbody during the third quarter valued at $25,000. Mill Creek Capital Advisors LLC acquired a new stake in Beachbody during the 3rd quarter worth about $186,000. Rockefeller Capital Management L.P. purchased a new position in Beachbody during the 3rd quarter valued at about $625,000. MSA Advisors LLC acquired a new position in shares of Beachbody in the 3rd quarter valued at about $668,000. Finally, Whetstone Capital Advisors LLC purchased a new stake in shares of Beachbody in the third quarter worth approximately $1,071,000. 74.48% of the stock is owned by institutional investors and hedge funds.
Beachbody Company Profile
The Beachbody Company, Inc operates as a subscription health and wellness company that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs.
Featured Stories
- Five stocks we like better than Beachbody
- Dividend Capture Strategy: What You Need to Know
- Disney: Forging a 3-Headed Sports Streaming Giant With Fubo Deal
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- How Buffett’s Best and Worst Stock Bets Have Fared 5 Years Later
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Bill Ackman’s Bold Case for Fannie Mae and Freddie Mac
Receive News & Ratings for Beachbody Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beachbody and related companies with MarketBeat.com's FREE daily email newsletter.