MEDIFAST INC with ticker code (MED) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 278 and 150 and has a mean target at 214. Now with the previous closing price of 131.54 this is indicating there is a potential upside of 62.7%. There is a 50 day moving average of 164.85 and the 200 moving average now moves to 184.53. The company has a market cap of $1,426m. Visit the company website at: https://medifastinc.com
The potential market cap would be $2,321m based on the market concensus.
Medifast, through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.
