MEDIFAST INC with ticker code (MED) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 278 and 150 with the average target price sitting at 214. Given that the stocks previous close was at 127.13 this indicates there is a potential upside of 68.3%. The day 50 moving average is 160.13 and the 200 moving average now moves to 182.19. The company has a market capitalisation of $1,383m. Visit the company website at: https://medifastinc.com
The potential market cap would be $2,327m 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.
