MEDIFAST INC with ticker code (MED) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 352 and 285 calculating the mean target price we have 327.33. Now with the previous closing price of 189.17 this now indicates there is a potential upside of 73.0%. The 50 day moving average now sits at 178.63 and the 200 day moving average is 193.04. The company has a market capitalisation of $2,155m. Visit the company website at: https://medifastinc.com
The potential market cap would be $3,729m 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.
