Breaking Finance News

Imperial Capital announced Mindbody Inc (NASDAQ:MB), bumping up its stock price target to $30.00 today

In a report released on 2/09/2017 Imperial Capital increased the stock price target of Mindbody Inc (NASDAQ:MB) from $25.00 to $30.00 reporting a possible upside of 0.23%.

Just yesterday Mindbody Inc (NASDAQ:MB) traded -0.20% lower at $24.47. Mindbody Inc’s 50-day moving average is $24.28 and its 200-day moving average is $20.26. The last closing price is up 20.17% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.06% over the same time period. 409,705 shares of MB traded hands, up from an average trading volume of 327,387

Recent Performance Chart

Mindbody Inc (NASDAQ:MB)

Mindbody Inc has 52 week low of $9.53 and a 52 week high of $26.60 and has a market capitalization of $0.

In addition to Imperial Capital reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is $18.20 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Mindbody Inc (NASDAQ:MB)

MINDBODY, Inc. is a provider of cloud-based business management software for the wellness services industry and operates as a consumer marketplace with over 51,000 local business subscribers on its platform in over 130 countries and territories. The Company's subscribers provide a range of wellness services to approximately 28 million active consumers. Its integrated software and payments platform helps business owners in the wellness services industry run, market and build their businesses. It also helps consumers discover, evaluate, engage and transact with these businesses through the Web and mobile devices. The platform addresses various aspects of operating a wellness business, including client scheduling and online booking; retail point-of-sale; analytics and reporting; user experience; mobility; social integration; dynamic cloud-based architecture; open platform for third-party application development; integration with other cloud-based partners, and security and compliance.

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