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 350 and 345 with the average target price sitting at 348. Given that the stocks previous close was at 196.46 this would indicate that there is a potential upside of 77.1%. The 50 day MA is 212.21 and the 200 day moving average is 239.64. The market cap for the company is $2,411m. Visit the company website at: https://medifastinc.com
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.