MEDIFAST INC with ticker code (MED) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 278 and 150 with the average target price sitting at 214. Now with the previous closing price of 117.37 this would imply there is a potential upside of 82.3%. There is a 50 day moving average of 130.54 and the 200 moving average now moves to 170.89. The market capitalisation for the company is $1,247m. Find out more information at: https://medifastinc.com
The potential market cap would be $2,274m 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.
