MEDIFAST INC found using ticker (MED) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 350 and 345 calculating the average target price we see 348. Given that the stocks previous close was at 191.43 this would imply there is a potential upside of 81.8%. The 50 day moving average now sits at 208.71 and the 200 day MA is 238.72. The market capitalisation for the company is $2,207m. You can visit the company’s website by visiting: https://medifastinc.com
The potential market cap would be $4,012m 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.
