MEDIFAST INC with ticker code (MED) have now 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 a mean TP of 214. Given that the stocks previous close was at 124.56 this now indicates there is a potential upside of 71.8%. The 50 day MA is 150.07 and the 200 day MA is 178.13. The market cap for the company is $1,331m. You can visit the company’s website by visiting: https://medifastinc.com
The potential market cap would be $2,287m 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.
