MEDIFAST INC found using ticker (MED) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 352 and 285 with the average target price sitting at 327.33. Now with the previous closing price of 189.47 this would imply there is a potential upside of 72.8%. The 50 day moving average now sits at 177.37 and the 200 moving average now moves to 196.12. The company has a market capitalisation of $2,182m. You can visit the company’s website by visiting: https://medifastinc.com
The potential market cap would be $3,769m 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.
