MEDIFAST INC found using ticker (MED) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 278 and 150 and has a mean target at 214. Now with the previous closing price of 119.28 this is indicating there is a potential upside of 79.4%. The day 50 moving average is 156.23 and the 200 day moving average is 180.54. The company has a market capitalisation of $1,314m. Company Website: https://medifastinc.com
The potential market cap would be $2,357m 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.
