MEDIFAST INC found using ticker (MED) have now 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 350 and 345 with the average target price sitting at 348. With the stocks previous close at 198.63 this now indicates there is a potential upside of 75.2%. The 50 day moving average now sits at 205.43 while the 200 day moving average is 237.67. The company has a market capitalisation of $2,264m. Find out more information at: https://medifastinc.com
The potential market cap would be $3,966m 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. It offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company markets its products through point of sale transactions over ecommerce platform and its franchisee system. Medifast was founded in 1980 and is headquartered in Baltimore, Maryland.
