MEDIFAST INC found using ticker (MED) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 352 and 285 with a mean TP of 327.33. Now with the previous closing price of 187.15 this now indicates there is a potential upside of 74.9%. There is a 50 day moving average of 178.7 and the 200 moving average now moves to 192.79. The company has a market capitalisation of $2,106m. You can visit the company’s website by visiting: https://medifastinc.com
The potential market cap would be $3,684m 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.
